Posted on April 29th, 2008 in Mr Mortgage's Personal Opinions/Research
I originally published the post below a few days after Mr Einhorn spoke. I was given a copy of it the day after. I spoke with him and he essentially gave me permission to let it fly. Ben Stein did a story on in yesterday in the NY Times. Maybe Ben Stein is finally doing is homework on the crisis, finally. NY Times Ben Stein recap . I think this story is so important, I am re-running it.
Original Mr Mortgage Post from 4/10
David Einhorn’s speech, Private Profits and Socialized Risk’ attached here is riveting. Lehman, Merrill, Goldman, Morgan, the ratings agencies, SEC, Fed etc tricks are exposed. I guaranty, you will read this several times. I did. I will be doing a YouTube video on this shortly but wanted to get it out there. I got this a couple of days ago and was told by Mr Einhorn, himself, this morning “it is a free country and you are free to agree or disagree. The letter is public in my mind.” So here ya go…This needs to be read by everyone. -Best, Mr Mortgage