Wednesday, April 21, 2010

Yes, I'm psychic

Back in Sep, 2009:
I'm thinkin' there's a bigger story here...
... Me? I keep thinkin' the Enron collapse is the model to keep in mind, and that fraud at Fannie & Freddie ain't the end of the story.

Has anyone suggested serious fraud investigations of the Big Banks and other Wall Street giants? Citi, Wells Fargo, Goldman/Sachs???

[emphasis added]
Today?
Meltdown panel subpoenas documents from Moody's
My bet: Goldman/Sachs was only the first shoe to drop.
(... and I note that both Bulls & Bears have more than 2 feet!)

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