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Discussion in 'BBS Hangout: Debate & Discussion' started by BetterThanEver, Nov 15, 2008.

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  1. BetterThanEver

    BetterThanEver Member

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    #1 BetterThanEver, Nov 15, 2008
  2. Shroopy2

    Shroopy2 Member

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    Brilliant article. Insightful and Informative, even for layman like me. Could have even been MORE informative (like more on what gave cause to 80's rise of Wall Street), but the author probably wants to explain his point rather than it turn into an instruction guide like his book.
     
    #2 Shroopy2, Nov 15, 2008
  3. Invisible Fan

    Invisible Fan Member

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    #3 Invisible Fan, Nov 16, 2008
  4. FlyerFanatic

    FlyerFanatic YOU BOYS LIKE MEXICO!?! YEEEHAAWW
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    didnt this guy also write moneyball?
     
    #4 FlyerFanatic, Nov 16, 2008
  5. Bullard4Life

    Bullard4Life Member

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    Yes he is.

    This was a great read BetterThanEver. Thank you very much.
     
    #5 Bullard4Life, Nov 16, 2008
  6. pgabriel

    pgabriel Educated Negro

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    very informative
     
    #6 pgabriel, Nov 16, 2008
  7. BullFan

    BullFan Member

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    didnt this guy also write the Blind Side?
     
    #7 BullFan, Nov 16, 2008
  8. Bullard4Life

    Bullard4Life Member

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    #8 Bullard4Life, Nov 16, 2008
  9. rimrocker

    rimrocker Member

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    The West is the best.
     
    #9 rimrocker, Nov 16, 2008
  10. pgabriel

    pgabriel Educated Negro

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    #10 pgabriel, Nov 17, 2008
    Last edited: Nov 17, 2008
  11. BetterThanEver

    BetterThanEver Member

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    That's brilliant timing for Citi's announcement. What a big scam on mortgage securities.
     
    #11 BetterThanEver, Nov 17, 2008
  12. pgabriel

    pgabriel Educated Negro

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    michael lewis i on a 60 minutes talking about a book he's coming out with on the crisis. one of the interesting angles is he interviews a few people who actually made money, including a doctor who stopped practicing medicine and opened a hedge fund and made $750MM betting the other way on subprime.

    one of the simple things the doctor did was read the prospectuses on these bonds. he says he saw the crisis coming in 2003
     
    #12 pgabriel, Mar 14, 2010
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