PDA

View Full Version : Wall Street insiders predicted bust in 2004

gopony
02-10-2009, 02:51 PM
Here is an article that you might find interesting about some of the analysts who were predicting the market meltdown.

http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom?print=true

Pretty interesting read. I wouldn't complain anymore about salary caps. This article portrays a lot of these CEO's as delusional and incompetents.

I don't think 1.7 trillion is going to fix this especially with these guys still running the show.
Bubba X
02-10-2009, 03:18 PM
Here is an article that you might find interesting about some of the analysts who were predicting the market meltdown.

http://www.portfolio.com/news-markets/national-news/portfolio/2008/11/11/The-End-of-Wall-Streets-Boom?print=true

Pretty interesting read. I wouldn't complain anymore about salary caps. This article portrays a lot of these CEO's as delusional and incompetents.

I don't think 1.7 trillion is going to fix this especially with these guys still running the show.
Good article. Also, while a lot of the hedge fund guys did some bad things and cost a lot of people money, a good number of them basically got it exactly right and reaped the rewards for their clients and themselves.