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Old 01-09-2008, 06:42 AM
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Investment professionals blew it, Fed's Poole says (at MarketWatch)

WASHINGTON - Investment professionals' short-sightedness led them to make fundamental errors that led to the mortgage and credit meltdown, St. Louis Federal Reserve President William Poole said Wednesday.

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Old 01-11-2008, 11:25 AM
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Agreed! Erik did you happen to read the post I made on my blog? Take a look at the latest one sometime.
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