barney is kind of an idiot and i think he’s angry, argumentative
and doesn’t have the intellectual depth to understand this problem.
The problem wasn’t TARP or SubPrime or any of that, it’s really
the Sales of CDS, Derivatives and the micro-equity rules of Basel I
adnd Basel II that are the crisis.
Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.
barnie needed to push for these all to be bankrupted
and placed in receivership
