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Reply #4: Do you really believe the government [View All]

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Are_grits_groceries Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Sep-26-11 08:20 AM
Response to Reply #3
4. Do you really believe the government
would have forced them to take that kind of hit? The market plunge and the resulting financial chaos around the globe would have been extraordinary. The people in charge of these entities are perfectly capable of creating a global mess at any point by moving the 'wrong way.'

I don't believe the government or anybody has a real clue about how entangled all the financial groups around the world are or what the Federal Reserve has been up to. One foot may be stepped on here, and lo and behold, some unexpected area of the country or the world shakes.
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