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RE: [RT] Time to end hedge funds?



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There are many players in this- Wall Street speculators
 
Yeah, to fix this, let's end speculation.
Hey, come to think of it....that puts us OUT OF BUSINESS !
I can see our government doing this.


From: realtraders@xxxxxxxxxxxxxxx [mailto:realtraders@xxxxxxxxxxxxxxx] On Behalf Of hbernst963@xxxxxxx
Sent: Wednesday, October 08, 2008 9:36 AM
To: realtraders@xxxxxxxxxxxxxxx
Subject: Re: [RT] Time to end hedge funds?

There is a lot of blame to go around in this crisis. To blame it on the
government is ridiculous, IMO. There are many players in this- Wall Street
speculators, lax government supervision, mortgage lenders giving money to people
who couldn't afford to pay for houses, etc.

What we are seeing is a normal long term cycle of credit expansion and
collapse. See the depression of 1835-42, the Panics of 1873 and 1890 and of
course, 1929-1932.

Howard Bernstein

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