Monday, September 22, 2008

Denninger speaks truth to power.

Denninger speaks truth to power.




Hat Tip: Housing Panic

3 comments:

  1. This guy is blaming CEO's (e.g. Thain, Pandit) who were not CEO's of the reckless companies until after the credit crunch began. Thain and Pandit were hired to fix the recklessness of their predecessors. I don't understand why they deserve blame. The people he should be blaming are their predecessors, Stanley O'Neal and Chuck Prince.

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  2. this guy is plain annoying, has some points but is a total doofis

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  3. Ask people in Chicago what they think of Karl Denninger. Go to usenet and ask.

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