> From reading so far, I'd suggest that the author of this probably > hasn't been directly enough involved with the industry to understand > the details, which is not surprising, but it does get a bit > irritating, the same way that hearing the guy on the radio railing > about how "taxpayers are borrowing to rescue AIG" (not true, that was > done by the Fed by printing money) gets a bit irritating. >
> > Perry Yes, most of people doing such speculations (even from within the industry) do not have the entire picture. But then, if they did, this mess would have been avoided. What would you say for this: http://logicalreligion.blogspot.com/2008/09/subprime-for-dummies_22.html -Surabhi
