not here on Wall St (thread)! this thread is clean.
He come inside here to play "terminator" lah and use his "terminator" analogy too heheh so it is still not OT lah .....for a moderator heheheheheh *siam*
not here on Wall St (thread)! this thread is clean.
This is what happens when people push the limits and try to find creative ways to hide their motives and those in charge do nothing about it. If the US Gov had looked at this sub-prime issue earlier and not be blinded by the bankers, maybe all of this could be avioded. I don't believe that all those PHDs in the US did not foresee that the sub-prime credit is a bubble waiting to be burst.
It was not regulated...everyone was too busy with the war on terrorism. Thank you Bush. Way ta go.
Not regulated or not "encouraged" to regulate? :bsmilie: