Saturday, January 26, 2008

Subprime Meltdown Nothing to Worry About

BoBo Says:

"The lesson of the Ecology Narrative is that, in most cases, the market corrects itself. Maybe this year banks will change their pay structure so there’s not so much emphasis on short-term results. Maybe companies will change their boards to improve scrutiny over complex new instruments."

Maybe Limbaugh will fly, and Dubya will teach physics.

Two Cheers for Wall St. - New York Times

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