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Mortgage. she didn t have to give her driver s license to get $507,000. she was a cocktail waitress. that was insane. this is what was going on. this is real life. when you came up with the idea for the book, did you see these guys as villains? it s a great question. i actually i m not sure i saw them as villains. many some cases, in some cases dick is a villon, and some some cases he is a tragic person. not a tragic hero. he is either shockingly naive, not very intelligent, or he is willfully now pretending he is such. i think wall street, these people are professional traders. they always believe there s one last trade to be made. there s one more card that they can play, and i think that dick fuld felt he had one more card. did he know that he had taken on too much risk? i think he did. did he think it was going to be the end of him and our country and the global economy? no. let me ask you a hard question, because you re a top reporter for a top newspaper imersed in wal ....
Cases he is a tragic person. not a tragic hero. he is either shockingly naive, not very intelligent, or he is willfully now pretending he is such. i think wall street, these people are professional traders. they always believe there s one last trade to be made. there s one more card that they can play, and i think that dick fuld felt he had one more card. did he know that he had taken on too much risk? i think he did. did he think it was going to be the end of him and our country and the global economy? no. let me ask you a hard question, because you re a top reporter for a top newspaper imersed in wall street and business. did you see what happened coming in any way? honest answer, i didn t. i didn t i don t want to say that i didn t see that we were going to have problems. i did. i wrote articles saying that there were going to be problems. did i think that we were going to be on the edge of did i think we were going to see a bank like lehman brothers go under, that aig w ....
Imersed in wall street and business. did you see what happened coming in any way? honest answer, i didn t. i didn t i don t want to say that i didn t see that we were going to have problems. i did. i wrote articles saying that there were going to be problems. did i think that we were going to be on the edge of did i think we were going to see a bank like lehman brothers go under, that aig was going to almost falter and we re going to be living in this 9%, 10% world of unemployment, and people were talking about 25% unemployment. that part is what i didn t get. one of the things that you re both hitting on i don t want to ruin the drama of the story, but i don t think people at large i didn t even i went to m.i.t., and i studied economics and so on, and i was as confused by this as i think all of us are. i don t think anybody realized this is one of the points of this movie and this book that we were living within a day away from a major international catastrophic econ ....
you can blame the bankers that went wild. regulators that weren t minding the store. what goes on behind closed doors on wall street? we stand strong, and on the other side we ll eat golden sludge. could it happen again? i don t think anybody realized that we were within a day away from a major international catastrophic and economic meltdown. james wood from too big to fail, andrew ross sorkin, the man who wrote the book on the crisis. this is piers morgan tonight. good evening. it s costing dominique strauss-khan $1 million to get out of jail. the judge is granting him bill, but he also posted bond for another $5 million and will be required to submit to home detention. he is being indited on seven criminal charges, related to allegation that he sexually abused a hotel maid in new york. joining me now, lisa bloom and author of think, straight talk for women to stay smart in a dumbed down world. and the break-up of the marriage of arnold schwarzenegge ....
agencies. you can blame congress. you can blame the bankers that went wild. regulators that weren t minding the store. what goes on behind closed doors on wall street? we stand strong, and on the other side we ll eat golden sludge. could it happen again? i don t think anybody realized that we were within a day away from a major international catastrophic and economic meltdown. james wood from too big to fail, andrew ross sorkin, the man who wrote the book on the crisis. this is pierce morgan tonight. good evening. it s costing dominique strauss khan $1 million to get out of jail. the judge is granting him bill, but he also posted bond for another $5 million and will be required to submit to home detention. he is being indied on seven criminal charges, related to allegation that is he sexually abused a hotel maid in new york. joining me now. loosa bloom and author of think, straight talk for women to stay smart in a dumbed down world. and the break-up o ....