Thursday, October 05, 2006

Lenders Gone Wild! Never before have so many people owed so much $$

[Quote]
"Wall Street is at an all-time top; apparently investors are as fearless, or as clueless... as consumers. That no one seems to register any fear is remarkable - given the catastrophic consequences of any misstep. Never before has there been so much debt...and never before have so many complicated, contradictory debt-backed investments been stretch"

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