Death of Wall Street

B_starinvestor

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The End of Wall Street's Boom - National Business News - Print - Portfolio.com

The article above is an interesting and educational look at the current financial crisis and what caused it. Since some of people on this board still think people not paying their mortgages is the root cause of it, perhaps we can have some intelligent discussion.


This is somewhat reminiscent of Jim Cramer's 'Confessions of a Street Addict.' Somebody works on Wall Street, makes a gazillion dollars, and then 'finds Jesus' and sells Wall Street down the river. Heroes. We're all quite impressed.

Dipshit Cramer is probably the worst stock-picker in worldwide history. Since he screams and hollers with silly gimmicks and antiquated props on 'Mad Money' he's still pulling in cash courtesy of an industry that he purported was 'evil and twisted.' What a guy.

Look, there was corruption on Wall Street from day one. Find me an industry, anywhere, that is void of corruption, and I'll hold hands with everybody and sing Halleyluyah.
 

D_Davy_Downspout

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This is somewhat reminiscent of Jim Cramer's 'Confessions of a Street Addict.' Somebody works on Wall Street, makes a gazillion dollars, and then 'finds Jesus' and sells Wall Street down the river. Heroes. We're all quite impressed.

Dipshit Cramer is probably the worst stock-picker in worldwide history. Since he screams and hollers with silly gimmicks and antiquated props on 'Mad Money' he's still pulling in cash courtesy of an industry that he purported was 'evil and twisted.' What a guy.

Look, there was corruption on Wall Street from day one. Find me an industry, anywhere, that is void of corruption, and I'll hold hands with everybody and sing Halleyluyah.

Did you actually read the entire article? It's not at all about the book the guy wrote 20 years ago.
 

dreamer20

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Thanks sinwin. In light of this article I hope a certain person won't cry
"You're wrong. Fannie and Freddie caused the crisis". :ponder: