drunk ?

Discussion in 'Wall St. News' started by HPT, Jul 23, 2008.

  1. HPT


  2. eagle


    He is one of the US Presidents who made a rare visit to NYSE, and therefore he knew exactly what he was talking about. :D
  3. jem


    seems like one of his more lucid explanations.

    They were either stupid and drunk or smart and crooked.
  4. [​IMG]
  5. Really though. Bush had good intentions with the concept of an "ownership society" I think he underestimated how people could fuck something up that was pretty simple.

  6. Yea, like himself
  7. Nah, classic case of a)agency problems/"free rider phenomenon" and b) moral hazard on behalf of the Fed...