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Tyson s punchout 2007, or he also suggested nuclear holocaust 2007. now, you don t think that will sell it? what about subprime meltdown 2007, or perhaps best of all, the right-to-the-point suggestion of poopbag 2011. only the morgan stanley guy did not suggest the word poop before bag, but suggested the other four-letter word that means the same thing but starts with the letter s. the reason they insisted on giving their products such derogatory names is because they knew it was poopbag. they would go on to sell it for a price that would indicate it is not worth this. this is why our financial system collapsed. wall street was selling things for prices that did not reflect the value of those things at all. but here is the thing. that was not supposed to be allowed to happen. you re not supposed to be able to sell financial products for way, way, way, way, way, way more than they re actually worth. somebody is supposed to be in ....
Was in on. and when everybody finally had to acknowledge that the actual value of these things that they had been trading at these inflated prices was not the value they had been trading them at, everybody finely had to admit what the real value was of these things they had been buying and selling. everything collapsed. so even if you don t understand the overall dynamics of the housing market and all the different ways things are traded and how people in lower manhattan make money off of it, this is the one thing all of cuss grasp about what went wrong when our economy was destroyed in a way that we have still not recovered from. that s one thing about the meltdown that everybody gets, right? which makes this headline today both a wow moment and a duh moment. u.s. sues s&p over pre-crisis mortgage ratings. the government alleging that standard & poor s rating agency knowingly inflated its ratings on risky mortgage investments, giving high marks to mortgage-backed securities because it ....
Recovered from. that s one thing about the meltdown that everybody gets, right? which makes this headline today both a wow moment and a duh moment. u.s. sues s&p over pre-crisis mortgage ratings. the government alleging that standard & poor s rating agency knowingly inflated its ratings on risky mortgage investments, giving high marks to mortgage-backed securities because it wanted to earn more business from the banks that issued these poopbag investments. oh, poopbag isn t in the quote. sorry. i added that. so that s a duh, right? these guys clearly should be busted. these were the guys in charge of the ratings. these were the guys who were supposed to be labeling the poopbag financials as such. eve selli of money stopped be in the do it s today? these we still have not handled that problem? s f very, very worried t t w gov her > b have a under and what is the significance of the ratings agency getting in trouble now? you got it exactly right. let me be very clear about somethin ....
The right-to-the-point suggestion of poopbag 2011. only the morgan stanley guy did not suggest the word poop before bag, but suggested the other four-letter word that means the same thing but starts with the letter s. the reason they insisted on giving their products such derogatory names is because they knew it was poopbag. they would go on to sell it for a price that would indicate it is not worth this. this is why our financial system collapsed. wall street was selling things for prices that did not reflect the value of those things at all. but here is the thing. that was not supposed to be allowed to happen. you re not supposed to be able to sell financial products for way, way, way, way, way, way more than they re actually worth. somebody is supposed to be in ....