Ghost Rider - WWTBMD?
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Did cocaine use by bankers cause the global financial crisis?
Coked-up bankers caused the credit crunch, according to the former drug tsar David Nutt. One former City worker can well believe it "Wall Street got drunk" was George W Bush's typically incisive take on the main cause of the emerging financial crisis in July 2008. Two years later the governor of the Bank of England, Mervyn King, explained in his Mansion House speech that "the role of a central bank in monetary policy is to take the punch bowl away just as the party gets going" (something that he admitted had not occurred). But perhaps the wrong intoxicant was being blamed. The controversial former drug tsar David Nutt ... (full story)
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- Apr 15, 2013 9:45am Apr 15, 2013 9:45am
- albchr
- Joined Mar 2009 | Status: Member | 584 Comments
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- Apr 15, 2013 9:49am Apr 15, 2013 9:49am
- Pip Anon
- Joined Jan 2013 | Status: Trading defies logic | 1796 Comments
When the facts change I change my mind, what do you do sir
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- Apr 15, 2013 9:51am Apr 15, 2013 9:51am
- ssshhhh
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- GDR3k
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- Apr 15, 2013 10:20am Apr 15, 2013 10:20am
- albchr
- Joined Mar 2009 | Status: Member | 584 Comments
Ghost Rider - WWTBMD?
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- Apr 15, 2013 10:48am Apr 15, 2013 10:48am
- Exodus
- Joined May 2012 | Status: CoC'd again ! | 4760 Comments
Carbon-Dioxide: the gas of life!
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- Apr 15, 2013 10:58am Apr 15, 2013 10:58am
- mattbbaby
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- Apr 15, 2013 11:10am Apr 15, 2013 11:10am
- mrbandwidth
- | Joined Feb 2010 | Status: Member | 185 Comments
Use me as a contrarian indicator
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- Apr 15, 2013 11:13am Apr 15, 2013 11:13am
- DutchyDaxy
- | Joined Sep 2012 | Status: Member | 33 Comments