To: SeekAndFind
Wow does this guy ever have his head up his ass!
Letting Lehman fall was a mistake?
64 posted on
09/14/2009 11:19:43 AM PDT by
Petronski
(In Germany they came first for the Communists, And I didn't speak up because I wasn't a Communist...)
To: Petronski
It has to be Robert Gibbs under another name. Only a true Obamaroid could come up with a fantastic line of B.S. like this!
65 posted on
09/14/2009 11:27:07 AM PDT by
PSYCHO-FREEP
(Give me LIBERTY or give me an M-24A2!)
To: Petronski
Must be one of Cramers rubes.
To: Petronski
God yes, anybody with 2 brain cells can see that by now. It cost trillions and was entirely unnecessary. It was going to go bankrupt yes, the shareholders would be zeroed yes, but doing nothing and letting creditors lose 85% and up on loans with Lehman anywhere in the intermediation chain, which is what they did, was stupid on stilts.
They were so worried about future moral hazard they forgot about hazard. And it blew apart.
70 posted on
09/14/2009 11:37:48 AM PDT by
JasonC
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