Tuesday, May 27, 2008

Greed and vision

I was listening to NPR this morning to a fascinating analysis by someone who has talked to everyone from homeowners to lenders to Wall Street about the home loan fiasco. He said everybody up and down the chain was taking unreasonable risks, and everyone was making tons of money off of it.

Then he quoted a financial expert, I wish I could remember who, who said
It's amazing how hard it is for someone to see something when they are being paid a small fortune not to see it.
I just had to laugh, that really sums it up.

1 comment:

Mike Harris said...

David, apologies for doing this in a comment, but I could not find an e-mail address.

If you are the person who currently owns trusthub.com, I would be interested in buying it. If you are interested, please let me know

Thank You,
Mike Harris