Comments on: 25 People to Blame for the Financial Crisis http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/ Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media Tue, 14 Feb 2012 23:28:32 +0000 hourly 1 http://wordpress.org/?v=3.0.5 By: Singerman http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-148674 Singerman Thu, 26 Feb 2009 17:04:10 +0000 http://www.ritholtz.com/blog/?p=19013#comment-148674 Barry, what ever came of your Financial 9-11 angle? http://bigpicture.typepad.com/comments/2008/09/terror-attack-o.html Barry, what ever came of your Financial 9-11 angle?

http://bigpicture.typepad.com/comments/2008/09/terror-attack-o.html

]]> By: ancientone http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145961 ancientone Sat, 14 Feb 2009 23:05:32 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145961 Graphite and ottovbvs don't seem to realize the importance of Ronald Reagan to the "government is the problem" crowd. His election and eight years of rule made what had been previously thought of as a far-right oddball idea (the Milton Friedman notion that Keynes was wrong, and that only the markets should allocate resourses, without any regulation by the government) the new standard economic model of the Republican party. Rather than having twenty years to correct his errors, the government "of the rich" has spent the last two decades continually enlarging the power of the no-control crowd, and decreasing the regulatory power of the government. This ridulously insane idea has brought us to our current situation. Graphite and ottovbvs don’t seem to realize the importance of Ronald Reagan to the “government is the problem” crowd. His election and eight years of rule made what had been previously thought of as a far-right oddball idea (the Milton Friedman notion that Keynes was wrong, and that only the markets should allocate resourses, without any regulation by the government) the new standard economic model of the Republican party. Rather than having twenty years to correct his errors, the government “of the rich” has spent the last two decades continually enlarging the power of the no-control crowd, and decreasing the regulatory power of the government. This ridulously insane idea has brought us to our current situation.

]]> By: bacala http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145818 bacala Fri, 13 Feb 2009 23:02:27 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145818 Where's Geithner on the list? He wasn't Fed Chair, but he was NY Fed head, no? And certainly not nearly as vocal as Yellen about the excesses of the recent past. More on his bubble credentials here: http://bacalasbrain.blogspot.com/2009/02/on-geithner-and-bubbles.html Where’s Geithner on the list? He wasn’t Fed Chair, but he was NY Fed head, no? And certainly not nearly as vocal as Yellen about the excesses of the recent past. More on his bubble credentials here:
http://bacalasbrain.blogspot.com/2009/02/on-geithner-and-bubbles.html

]]> By: dearieme http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145757 dearieme Fri, 13 Feb 2009 18:48:41 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145757 Fred Goodwin was not Chairman of Royal Bank of Scotland, was he? Fred Goodwin was not Chairman of Royal Bank of Scotland, was he?

]]> By: Girthy Stimulus Package http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145752 Girthy Stimulus Package Fri, 13 Feb 2009 18:41:01 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145752 Well, I guess we can deduce that European participation in this poll was minimized; as a Jew would at least crack the top two. Also: really? http://www.ynetnews.com/articles/0,7340,L-3669706,00.html Well, I guess we can deduce that European participation in this poll was minimized; as a Jew would at least crack the top two.

Also: really?
http://www.ynetnews.com/articles/0,7340,L-3669706,00.html

]]> By: Kyle http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145746 Kyle Fri, 13 Feb 2009 18:25:23 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145746 Time, USN&WR, Newsweek.... When was the last time any of these magazines were GOOD? Who still reads them? The quality of their articles doesn't come close The Economist, thank the brits that there's at least one news mag still worth reading. The best social commentary articles these days are in Vanity Fair, which tells you something about the state of our media. In other news today: Judges Plead Guilty in Scheme to Jail Youths for Profit http://www.nytimes.com/2009/02/13/us/13judge.html?hp The world just made me even sicker. After reading this watch the movie "Let's go to Jail", a movie I'd recommend for any Arrested Development fans. Time, USN&WR, Newsweek…. When was the last time any of these magazines were GOOD? Who still reads them? The quality of their articles doesn’t come close The Economist, thank the brits that there’s at least one news mag still worth reading. The best social commentary articles these days are in Vanity Fair, which tells you something about the state of our media.

In other news today:

Judges Plead Guilty in Scheme to Jail Youths for Profit

http://www.nytimes.com/2009/02/13/us/13judge.html?hp

The world just made me even sicker. After reading this watch the movie “Let’s go to Jail”, a movie I’d recommend for any Arrested Development fans.

]]> By: call me ahab http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145735 call me ahab Fri, 13 Feb 2009 17:31:18 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145735 @Rick Schaut: you're wrong dude- you can talk about regulatory oversight all day long but the fact that no-one was watching does not make it right. If there is not enough poilce on the street does not excuse me from breaking into someone's home and stealing their TV. There is always a decision to be made and a person has the abilty to choose which path to follow. @Rick Schaut:

you’re wrong dude- you can talk about regulatory oversight all day long but the fact that no-one was watching does not make it right. If there is not enough poilce on the street does not excuse me from breaking into someone’s home and stealing their TV. There is always a decision to be made and a person has the abilty to choose which path to follow.

]]> By: James http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145721 James Fri, 13 Feb 2009 16:21:21 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145721 There is a strange and strangely interesting list of people to blame for the Financial crisis from Time magazine. It is quirky and odd and in more than a few places, misguided and ignorant. ------------------ Speaking of lists, Barry can you (or anyone) post your list of what you consider the primary culprits behind the housing/credit bust? Searching turned up lots of stuff, but not the list that I recall being posted here at one time. thx There is a strange and strangely interesting list of people to blame for the Financial crisis from Time magazine. It is quirky and odd and in more than a few places, misguided and ignorant.

——————

Speaking of lists, Barry can you (or anyone) post your list of what you consider the primary culprits behind the housing/credit bust? Searching turned up lots of stuff, but not the list that I recall being posted here at one time. thx

]]> By: Mark E Hoffer http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145714 Mark E Hoffer Fri, 13 Feb 2009 15:53:55 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145714 OT: @Jeff, good to see you, too, hope all is meeting you well.. @BR way to keep on keepin' on~ and, for my own sense, I'd like to hear answers to the Q: "Who does a better job of assembling an antidote to the Plague, that is the MSM, than Ritholtz?" OT:

@Jeff,

good to see you, too, hope all is meeting you well..

@BR

way to keep on keepin’ on~

and, for my own sense, I’d like to hear answers to the Q: “Who does a better job of assembling an antidote to the Plague, that is the MSM, than Ritholtz?”

]]> By: Mannwich http://www.ritholtz.com/blog/2009/02/25-people-to-blame-for-the-financial-crisis/comment-page-1/#comment-145712 Mannwich Fri, 13 Feb 2009 15:38:43 +0000 http://www.ritholtz.com/blog/?p=19013#comment-145712 @deanscamaro: And there are more Madoff's coming that could destroy what's left of that trust & confidence. @deanscamaro: And there are more Madoff’s coming that could destroy what’s left of that trust & confidence.

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