Wednesday, October 8, 2008

Who's to blame for the mortgage crisis (part 3)

In the vein of LongOrShortCapital.com's "Quotes Entirely Relevant to Investing"....

"The system that you lived under, gave you a very very generous reward, when your company was highly leveraged, and everything was going up... and that's the American way."  - Henry Waxman, D-California, speaking to Dick Fuld, former CEO of Lehman Brothers
Link to the video (starts at 2:28)

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Wednesday, October 8, 2008