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Old 02-17-2009, 09:16 PM   #574
sugarpop
Professor
 
Join Date: Nov 2008
Location: the edge of the abyss
Posts: 1,947
Quote:
Originally Posted by classicman View Post
So you agree with him:
I don't really know that much about Larry Summers or Robert Rubin, or the part they played in this fiasco, but I trust Noam Chomsky, and I believe that many of the people who we are trusting to get us out of this mess are the ones who caused it. I would include Tim Geitner in there as well. He was in charge of the Federal Reserve Bank in NY, correct?

I just don't understand how all these really, really (supposedly) smart people missed what was happening, or didn't know it WOULD HAPPEN when they started figuring out all these crazy, stupid ways to make money. For crying out loud, I would have known it would eventually come tumbling down, and I am nowhere near a genius when it comes to finance stuff.
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