Accountability for the Realtor shills is unlikely, although not impossible. Some of the key stock market “perma-bull” figures of the late 90s:
Mary Meeker, dubbed the “Queen of the Net” not for any contribution, other than duping people to dump capital into the sector. Today she is a managing director at Morgan Stanley.
Henry Blodget, gained fame after his Amazon price target of $400 came to fruition. Blodget was charged with securities fraud and is banned from the securities industry.
James Glassman, co-author of Dow 36,000 published on October 1999. Most baffling of all, Glassman is currently a columnist for Kiplinger’s Personal Finance magazine.
Kevin Hasset, co-author of Dow 36,000. Kevin is the Director of Economic Policy Studies for the American Enterprise Institute for Public Policy Research (whatever that is), and writes a column for Bloomberg. Best of all, he published another book in 2002, called Bubbleology!
Anyway, the point is, other than Blodget they are all doing just fine. And I don’t know what Blodget is up to, I’m sure he’s perfectly fine, wherever he is.
