Home › Forums › Financial Markets/Economics › Harvard Student Takes On Barney Frank Over Economy
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jpinpb.
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April 7, 2009 at 5:47 PM #377608April 7, 2009 at 6:31 PM #378110
patb
Participantbarney 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 receivershipApril 7, 2009 at 6:31 PM #378277patb
Participantbarney 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 receivershipApril 7, 2009 at 6:31 PM #378152patb
Participantbarney 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 receivershipApril 7, 2009 at 6:31 PM #377931patb
Participantbarney 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 receivershipApril 7, 2009 at 6:31 PM #377653patb
Participantbarney 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 receivershipApril 7, 2009 at 8:04 PM #378189jpinpb
Participant[quote=patb]
Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.[/quote]They all were problems. The CDS was like the pièce de ré·sis·tance.
[quote=patb]
barnie needed to push for these all to be bankrupted and placed in receivership[/quote]I wouldn’t hold my breath on that. I think he was on the list of receivership – of money from the banks, wink-wink. Remember your buddies.
April 7, 2009 at 8:04 PM #377733jpinpb
Participant[quote=patb]
Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.[/quote]They all were problems. The CDS was like the pièce de ré·sis·tance.
[quote=patb]
barnie needed to push for these all to be bankrupted and placed in receivership[/quote]I wouldn’t hold my breath on that. I think he was on the list of receivership – of money from the banks, wink-wink. Remember your buddies.
April 7, 2009 at 8:04 PM #378232jpinpb
Participant[quote=patb]
Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.[/quote]They all were problems. The CDS was like the pièce de ré·sis·tance.
[quote=patb]
barnie needed to push for these all to be bankrupted and placed in receivership[/quote]I wouldn’t hold my breath on that. I think he was on the list of receivership – of money from the banks, wink-wink. Remember your buddies.
April 7, 2009 at 8:04 PM #378011jpinpb
Participant[quote=patb]
Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.[/quote]They all were problems. The CDS was like the pièce de ré·sis·tance.
[quote=patb]
barnie needed to push for these all to be bankrupted and placed in receivership[/quote]I wouldn’t hold my breath on that. I think he was on the list of receivership – of money from the banks, wink-wink. Remember your buddies.
April 7, 2009 at 8:04 PM #378359jpinpb
Participant[quote=patb]
Subprime, Fannie freeddie have all been problems but what screwed
these guys were the CDS they sold.[/quote]They all were problems. The CDS was like the pièce de ré·sis·tance.
[quote=patb]
barnie needed to push for these all to be bankrupted and placed in receivership[/quote]I wouldn’t hold my breath on that. I think he was on the list of receivership – of money from the banks, wink-wink. Remember your buddies.
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