Tuesday
Jan052010
Yo Bob Rubin: Shut Your Freaking Pie Hole
You would think Rubin would know better:
- While some people saw one or more of these factors, virtually no one involved in the financial system—whether institutions, investors, regulators, analysts, or commentators—recognized the breadth of forces at work or the possibility of a megacrisis, and this included the most experienced among us. More personally, I regret that I, too, didn't see the potential for such extreme conditions despite my many years involved in financial matters and my concern for market excesses.
Hey Bob, you stupid prick, I have one name for you, Brooksley Born.
Reader Comments (7)
http://dailybail.com/home/32-seconds-of-nassim-taleb-kicking-bob-rubins-ass-video.html
Moreover, Paulson, Geithner and Bernanke saw the problem by early 2008 and started gaming for a big-ass bailout. They lied all spring and summer about how great things were, etc. Once again, it's time to play Dumbass or Liar? with Bob Rubin.
I say dumbass, you say liar. Whatever. Put them in jail and claw back their pay since 2003. That would be proper and just.
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raise cap requirements and limit leverage to 10:1....it's a easy fix...but the bankers won't let it happen in dc...
throw the bums out...
I agree, but too many still have the desire to support their herds, so unless hell freezes over we will probably not see anything that dramatic.
Some even here are prime examples of that "my party can do no wrong, they were put here to take care of our souls till Jesus returns" mantra.
I take care of my own soul thank you.