[lbo-talk] origins of the housing boom

[Indian Jones]

Jordan Hayes wrote:
> The blowup occured because of the usual reason: if some is good, more
> is better.

What is your point in this confusion? Deregulation and market fetish 
provoked financial exploitation. The delusion that the crash could not be 
anticipated is the alibi of profiteers.

When a formula is the culprit, the professors of the formula are hiding 
their responsibility. Caveat emptor may be the consensus, but it is not a 
code of ethics.