why unfettered markets always fail

Discussion in 'Conspiracy Theories' started by Truthmatters, May 13, 2010.

  1. Truthmatters
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    NYT: Prosecutor asks if banks duped rating agencies - The New York Times- msnbc.com


    They were left on their own devices while Bush's SEC watched porn and this is what we got.




    A Senate subcommittee found last month that Wall Street workers had been intimately involved in the rating process. In one series of e-mail messages the committee released, for instance, a Goldman worker tried to persuade Standard & Poor’s to allow Goldman to handle a deal in a way that the analyst found questionable.
     
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    Last edited: May 13, 2010
  2. Truthmatters
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    Hey guys , its your policies that created this mess too.
     
  3. uscitizen
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    uscitizen Senior Member

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    Greed spawned policies mostly.
     
  4. Truthmatters
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    yeap greed is not a good compass
     

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