Eugene David
...The One-Minute Pundit

Saturday, March 17, 2007


``Complicit is too strong a word, but this is a guy who presided over a bubble in the equity markets,'' said Charles White, who helps manage $1.8 billion at ThomasLloyd Asset Management in Pleasantville, New York. ``He was the provider of liquidity to the financial markets, and he took the risk out of people doing these trades.'' [Last graf]

Being the Wizard of Oz ain't what it used to be.

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