04 March 2010

Who caused the crash?

Earlier today Felix Salmon responded to Bob Rubin's claim that it was all GWBush's fault. Felix listed several other candidates for the blame. http://bit.ly/c8N0QE Lots of overlap so I had to use my own judgment. You can agree or disagree. Make your own pie chart. I'd have to agree w/ Felix that it was mostly bank managements' greed and ignorance that was largely to blame. I think Dick Bove would disagree. But he's a twit. Or is he?

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