I hate to bring this up, but I think #3 is actually part of #1, therefore
your post consists of only four questions. This means your post is now 20%
less effective. Remember to adjust for this when making your "Me vs Sam" pie
chart.

On Tue, Jul 14, 2009 at 6:41 PM, Gruss Gott <[email protected]> wrote:

>
> > Sam wrote:
> > If they were to complicated to understand and value how could they
> collapse?
> > It was a bet on housing and the housing market failed. No mystery is
> > what I believe he's saying.
> >
>
> But that avoids the entire questions of:
>
> (1.) Should they have been able to bet?  Did they have a role in
> allowing themselves to bet?
>
> (2.) Did they rig the market with other sides bets/schemes?
>
> (3.) Did they have a role in the policy that allowed the bets?
>
> (4.) Should there have been regulation and did they have a role in
> preventing regulation?
>
> (5.) Did they know their bets would collapse the market?
>
> The reason you think it's simple is because you don't understand it.
>
> It's people like you that wish my wife wouldn't have talked us out of
> staying in banking.
>
> For some reason people absolutely LOVE giving their money to bankers.
> They even defend their theft.
>
> It's the best grift in the World!  Look at Sam - he doesn't think he's
> been ripped off enough yet.
>
> Did you know GS underwrites their bets with your tax dollars?  Still?
>
> Of course you didn't.
>
> 

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