[quote=gdcox] EconProf. You undermine your name. Economics 101 tells you that the market only works well if all have full information. Pres Bush’ veto of Federal legislation controlling mortgage brokers about 6 years ago guaranteed that people like this would get misleading hard to understand papers.[/quote]
You don’t need complete market information to know that you shouldn’t get involved in something if you don’t know what you’re doing. The sad fact of the matter is that regardless of your politics, you can’t fix stupid.
