To: VOA
A recovery “in a year or two”? Before all this came into play, Wells Fargo was giving the economy 5-10 years to recover. I wonder what they would say today? Anyone?
To: sarasota
Before all this came into play, Wells Fargo was giving the economy
5-10 years to recover.
I wonder what they would say today?
I admit to a bit of "exuberance" with using a figure of a year or two.
I was just trying to NOT create more panic by acting like
Senator Schumer of Senator Reid (NV).
Realistically, it won't suprise me if this DEBACLE takes more
like 5 years to a decade for some modest form of recovery.
Myself, only the indictment, arrest, prosecution, conviction and
sentencing (resistant to appeal) to 25-to-life for some of the
principals in this MASSIVE defrauding of Americans and many investors
around the globe will lessen my anger at what's happening now.
The vibe that I get is that a Vice President PALIN will be the only
possible major politico that will try to advance this cause of justice.
Yes, the idea that a bunch of billionaires will be held to answer for
their fraud is a bit of a fantasy.
But hey, I can dream, can't I?
196 posted on
10/06/2008 8:40:30 AM PDT by
VOA
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