[quote=Nor-LA-SD-GUY2]Speaking of financial geniuses , it still cracks me up that everyone thought Greenspan was a maestro financier extraordinaire. I mean the guy would come in and mumble some incomprehensible cr#p for 30 minutes and everyone would spend the next half day trying to make sense out of what must surely be the most intelligent words ever spoken by a mortal.
Thinking back it makes me double up with laughter, well at least I can laugh about it.
Oh wait you don’t suppose he really knew what he was doing do you ?[/quote]
Sad, but true.
Never understood how he ever got the title “The Maestro.” All he did was pump money/lower rates whenever the market would start to correct…he was a long-only’s wet dream. A monkey could have done what he did.
