With the proper regulation, securitization won't be like it was a year or two ago. It was in hyper overdrive on steroids, and like a man's heart beating faster and faster out of control. It was bound to burst just like the housing bubble that was part of it all.
And it's not so much that people were frauds, they were in a feeding frenzy.
Disagree with an explanation
Replies to: "Disagree with an explanation"
- Agree or disagree? - conorlarkin - 11:07pm 3/27/09
(14) [View All]
- Disagree with an explanation - StoneFingers - 11:51pm 3/28/09
- Yes. [NT] - JacksSmirkingRevenge - 12:03pm 3/28/09
- I'm not a big fan of securitization, but I can accept it on one condition. - Rooney - 6:42am 3/28/09
- Conor, you realize that Krugman is a socialist in the Marx mold, right? - NDFaninNJ - 11:42pm 3/27/09
- Yes, along with being a Nobel Prize winner in Economics. - conorlarkin - 11:51pm 3/27/09
- I always wondered what it must've been like watching Hitler ascend to power and how the German - TheIrishHammer - 5:06am 3/28/09
- "seemingly intelligent" people is the key [NT] - Domer From Hell - 1:38pm 3/28/09
- And Yasser Arafat won a Nobel Peace Prize... - irishboyd - 1:40am 3/28/09
- That pretty much sums it up. Well done. [NT] - Domer From Hell - 1:33pm 3/28/09
- I have a Nobel Prize in Economics. - jabbadoody5 - 11:53pm 3/27/09
- I always wondered what it must've been like watching Hitler ascend to power and how the German - TheIrishHammer - 5:06am 3/28/09
- No offense to conor, but I don't think he realizes much. [NT] - jabbadoody5 - 11:46pm 3/27/09
- Yes, along with being a Nobel Prize winner in Economics. - conorlarkin - 11:51pm 3/27/09
- It's a swamp on a dark night... - GOAT - 11:39pm 3/27/09
- Oh, it's kind of like when the Catholics held Galileo hostage? [NT]
- Domer From Hell - 11:45pm 3/27/09
- No...it isn't... - GOAT - 12:04am 3/28/09
- Oh, it's kind of like when the Catholics held Galileo hostage? [NT]
- Domer From Hell - 11:45pm 3/27/09
