Hits the market around 1:30PM Eastern and takes 5 handles off the S&P. Says that the sub-prime issue is not a small issue. Duh.
it will take only little time before people start ignoring him....it is already happening. He is a history and he will make it there as somebody who was instrumental in preparing good environment for bubbles....
now he is trying to warn on all the probs he created, kind of his way of making it right in his mind. "I warned you"
He obviously is having a difficult time transitioning to his retirement . . . seems to feel a need to "pop-off" with all sorts of speaking engagements. Guess he doesn't fish or play golf.