I promise I wont' comment any more, but "Exactly" to whoever said the 2nd 
below.   Sandy
On May 26, 2013, at 4:26 PM, Lee Larson wrote:

On May 26, 2013, at 4:05 PM, John Robinson wrote:

> No politics intended Sandra, it is what it is.  I felt that most on the list 
> would find it interesting (if they didn't already know) the real cause of our 
> current mess, not only a small segment in housing but quants, that 
> exacerbated an already bad situation.  Informed people are empowered people.

Yes it is politics. I read Patterson's book. There isn't much exploration of 
the fact that oversight of the institutions was greatly deemphasized during the 
early years of this century, or the affect of mega-mergers on the consolidation 
of risk, or the gutting of the Glass-Steagall Act in 1999, or ...

Let's not drive this list into a deep and dark rabbit hole.



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Sandra Gray Schreiber, AAA
Schreiber Silver
Schreiber Appraisal Associates
50 River Hill Road
Louisville, Ky 40207
office:  502-893-3308
home:   502-893-2303
email:  [email protected]




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