Re: Dear Andrew
I saw that crash coming. I saw it in the adjustable rate mortgages. My corporate cynicism made it painfully obvious. If nothing else, those loans would get adjusted to the point where mass foreclosures would occur because the executive class really are greedy enough to saw off the branch they are sitting on.
Plus it was a bubble. All bubbles pop. Don't need to be a quant to figure that out.
Biting the hand that feeds IT
