L. Gordon Crovitz has real credentials and doesn't seem to agree with you.

http://online.wsj.com/article/SB122748900624151997.html
When Even Good News Worsens a Panic
Despite hysteria, credit default swaps won't wreck the economy.

Then these guys are aren't the type to use childish names on their critics
http://www.ibdeditorials.com/IBDArticles.aspx?id=306716557967194
Dispelling The 'Deregulation' Myth

I could go on but they're all pretty much the same.


On Sat, Feb 21, 2009 at 10:47 AM, Gruss Gott <[email protected]> wrote:
>
>> Sam wrote:
>> 5) I noticed you never sourced you're theory,
>
> That's because it's not a theory, but rather the objective truth of
> what happened.
>
> And the source of my education on the matter is the University of
> Chicago's Graduate School of Business now known as Booth.
>
> The place where many of derivatives were invented in the first place.
>

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