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The Worst Predictions About 2008
Here are some of the worst predictions that were made about 2008. Savor them -- a crop like this doesn't come along every year.
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3. "I think this is a case where Freddie Mac (NYSE:FRE - News) and Fannie Mae (NYSE:FNM - News) are fundamentally sound. They're not in danger of going under I think they are in good shape going forward." -- Barney Frank (D-Mass.), House Financial Services Committee chairman, July 14, 2008
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9. "In today's regulatory environment, it's virtually impossible to violate rules." -- Bernard Madoff, money manager, Oct. 20, 2007
http://news.yahoo.com/s/bw/20081229/bs_bw/dec2008db20081224028134
barney...you're a genius
Here are some of the worst predictions that were made about 2008. Savor them -- a crop like this doesn't come along every year.
...
3. "I think this is a case where Freddie Mac (NYSE:FRE - News) and Fannie Mae (NYSE:FNM - News) are fundamentally sound. They're not in danger of going under I think they are in good shape going forward." -- Barney Frank (D-Mass.), House Financial Services Committee chairman, July 14, 2008
...
9. "In today's regulatory environment, it's virtually impossible to violate rules." -- Bernard Madoff, money manager, Oct. 20, 2007
http://news.yahoo.com/s/bw/20081229/bs_bw/dec2008db20081224028134
barney...you're a genius
