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    Hi Andrew, While I do have a PhD in...

    Hi Andrew,

    While I do have a PhD in economics, it's really not my profession, but like everyone else I do have opinions on the topic (and love to talk about them):

    1) Don't believe all the...
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    Jeff, Agree with many of your points. There...

    Jeff,

    Agree with many of your points. There were definitely some stupid decisions made by bankers that enabled this mess. However, do you really want bankers or governments rationing credit? In...
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    The direct cost would have probably been about...

    The direct cost would have probably been about the same. The real problem is now the government has set a precedent that they will step in if one of the big financial institutions gets in trouble and...
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    Andrew, Again, I can only speak from...

    Andrew,

    Again, I can only speak from experience, but I do know the BOD well and I can assure you at least at my institution that there is nothing fishy. They come from a wide ranging...
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    Well as long as everyone is having their moment...

    Well as long as everyone is having their moment on the soap box...I used to work at the World Bank and am now senior management at one of the larger financial instutions of the world. I have many...
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