Post a New Topic
For a different understanding of the banking "crisis"...
Original post made
by Gary, Downtown North,
on Apr 15, 2009
We seem to have to listen to a certain paragigm of the banking crisis, yet it does not make a lot of sense, except that it is being driven by those very prognosticators of panic.
Here is an alternative, and credible point of view, from NPR (this morning), by Richard Bove:
Why are we being driven over the panic cliff by the mark-to-market crowd?