- This topic has 50 replies, 8 voices, and was last updated 16 years, 5 months ago by gdcox.
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July 13, 2008 at 6:34 PM #238964July 14, 2008 at 9:29 AM #238988gdcoxParticipant
San Diego native
For info, William Buiter is originally Dutch and has joint US and UK citizenship so I guess he must be unbiased.
The US is certainly lucky to have Fannie and Freddie and whatever they turn into otherwise the market collapse would have set a record for centuries. But then again, maybe the boom occurred because of their existence…for after all they created securitisation.
July 14, 2008 at 9:29 AM #239124gdcoxParticipantSan Diego native
For info, William Buiter is originally Dutch and has joint US and UK citizenship so I guess he must be unbiased.
The US is certainly lucky to have Fannie and Freddie and whatever they turn into otherwise the market collapse would have set a record for centuries. But then again, maybe the boom occurred because of their existence…for after all they created securitisation.
July 14, 2008 at 9:29 AM #239130gdcoxParticipantSan Diego native
For info, William Buiter is originally Dutch and has joint US and UK citizenship so I guess he must be unbiased.
The US is certainly lucky to have Fannie and Freddie and whatever they turn into otherwise the market collapse would have set a record for centuries. But then again, maybe the boom occurred because of their existence…for after all they created securitisation.
July 14, 2008 at 9:29 AM #239182gdcoxParticipantSan Diego native
For info, William Buiter is originally Dutch and has joint US and UK citizenship so I guess he must be unbiased.
The US is certainly lucky to have Fannie and Freddie and whatever they turn into otherwise the market collapse would have set a record for centuries. But then again, maybe the boom occurred because of their existence…for after all they created securitisation.
July 14, 2008 at 9:29 AM #239191gdcoxParticipantSan Diego native
For info, William Buiter is originally Dutch and has joint US and UK citizenship so I guess he must be unbiased.
The US is certainly lucky to have Fannie and Freddie and whatever they turn into otherwise the market collapse would have set a record for centuries. But then again, maybe the boom occurred because of their existence…for after all they created securitisation.
July 14, 2008 at 10:05 AM #23919734f3f3fParticipantGdcox, I think the issue here needs to be scrutinized and people need to be told the truth. The New York Times ran three articles on Sunday, one of which pointed the finger at lobbyists, silencing the competition by monopolist means, congressmen being recruited onto the boards, paying off charities to keep their silence etc. It seems powerful interests were being protected, and a few loners who said this was going to happen unless regulation was tightened were ignored.
BTW, gd, do you like marmite? π
July 14, 2008 at 10:05 AM #23920634f3f3fParticipantGdcox, I think the issue here needs to be scrutinized and people need to be told the truth. The New York Times ran three articles on Sunday, one of which pointed the finger at lobbyists, silencing the competition by monopolist means, congressmen being recruited onto the boards, paying off charities to keep their silence etc. It seems powerful interests were being protected, and a few loners who said this was going to happen unless regulation was tightened were ignored.
BTW, gd, do you like marmite? π
July 14, 2008 at 10:05 AM #23900334f3f3fParticipantGdcox, I think the issue here needs to be scrutinized and people need to be told the truth. The New York Times ran three articles on Sunday, one of which pointed the finger at lobbyists, silencing the competition by monopolist means, congressmen being recruited onto the boards, paying off charities to keep their silence etc. It seems powerful interests were being protected, and a few loners who said this was going to happen unless regulation was tightened were ignored.
BTW, gd, do you like marmite? π
July 14, 2008 at 10:05 AM #23914534f3f3fParticipantGdcox, I think the issue here needs to be scrutinized and people need to be told the truth. The New York Times ran three articles on Sunday, one of which pointed the finger at lobbyists, silencing the competition by monopolist means, congressmen being recruited onto the boards, paying off charities to keep their silence etc. It seems powerful interests were being protected, and a few loners who said this was going to happen unless regulation was tightened were ignored.
BTW, gd, do you like marmite? π
July 14, 2008 at 10:05 AM #23913934f3f3fParticipantGdcox, I think the issue here needs to be scrutinized and people need to be told the truth. The New York Times ran three articles on Sunday, one of which pointed the finger at lobbyists, silencing the competition by monopolist means, congressmen being recruited onto the boards, paying off charities to keep their silence etc. It seems powerful interests were being protected, and a few loners who said this was going to happen unless regulation was tightened were ignored.
BTW, gd, do you like marmite? π
July 15, 2008 at 12:04 AM #239458stockstradrParticipantBrilliant FT article. Thanks for posting.
I greatly respect FT. It was one of five newspapers that landed on my stoop each morning; however, it broke my heart to cancel it several weeks ago as my wife complained that newspapers are taking over the house. Also, wives as a rule HATE it when husbands take them out to dinner only to bring several newspapers along which then command far more of husband’s attention during the meal than goes to wife!
July 15, 2008 at 12:04 AM #239596stockstradrParticipantBrilliant FT article. Thanks for posting.
I greatly respect FT. It was one of five newspapers that landed on my stoop each morning; however, it broke my heart to cancel it several weeks ago as my wife complained that newspapers are taking over the house. Also, wives as a rule HATE it when husbands take them out to dinner only to bring several newspapers along which then command far more of husband’s attention during the meal than goes to wife!
July 15, 2008 at 12:04 AM #239601stockstradrParticipantBrilliant FT article. Thanks for posting.
I greatly respect FT. It was one of five newspapers that landed on my stoop each morning; however, it broke my heart to cancel it several weeks ago as my wife complained that newspapers are taking over the house. Also, wives as a rule HATE it when husbands take them out to dinner only to bring several newspapers along which then command far more of husband’s attention during the meal than goes to wife!
July 15, 2008 at 12:04 AM #239653stockstradrParticipantBrilliant FT article. Thanks for posting.
I greatly respect FT. It was one of five newspapers that landed on my stoop each morning; however, it broke my heart to cancel it several weeks ago as my wife complained that newspapers are taking over the house. Also, wives as a rule HATE it when husbands take them out to dinner only to bring several newspapers along which then command far more of husband’s attention during the meal than goes to wife!
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