Sunday, August 26, 2007

wool

Yup, uh-huh, gotta be!
When reading a NYT's article on Countrywide's finacial woes all I could think of were two old phrases. "Love of money is the root of all evil!" and "Capitalist Pigs!" The examination of lending practices and the profit generating services as well as the use of SPVs gives a clear picture of greed gone wild. So many truly believed they were getting something for nothing. Well now it seems that was true for only a few and even that required most of us to lose.
That's wool over our eyes folks! Now the question becomes "Who put it there?"

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