| Yeah, don't take historical precedent seriously. That's why we're in this mess in the first place.
If you think that subprime mortgage bonds deserve an AAA rating when those who are paying that mortgage have no documentation of income and have often financed 95% or even 105% of the value of their homes, I sincerely hope that you will NEVER become a financial analyst. And let me know who you are so that I don't hire you as my wealth manager. This isn't a vendetta. |