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Reply #16: I'm sure Roubini is promoting himself as a top economist. [View All]

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lurky Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jan-21-09 04:07 PM
Response to Reply #7
16. I'm sure Roubini is promoting himself as a top economist.
But that's a big stretch to compare him to a Ponzi operator or an ideologue using "Atlas Shrugged" as a blueprint to run our economy. And the federal authorities have a serious conflict-of-interest when it comes to telling the truth about the financial sector. Their fundamental responsibility is to keep the economy running, and that is hard to do if they admit the banking system is bankrupt. I'm not saying Roubini is right or wrong, only that I would not trust the FDIC chair to give it to me straight (especially a former Wall Street executive who was appointed by Bush).
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