[Homestead] How Realtors Destroyed the Economy

bob ford bobford79 at yahoo.com
Sun Oct 19 18:18:06 EDT 2008


Thank's Don , I had not seen that ....bobford


--- On Sun, 10/19/08, Don Bowen <don.bowen at earthlink.net> wrote:

> From: Don Bowen <don.bowen at earthlink.net>
> Subject: RE: [Homestead] How Realtors Destroyed the Economy
> To: bobford79 at yahoo.com, homestead at lists.ibiblio.org
> Date: Sunday, October 19, 2008, 4:09 PM
> > And then everyone who proclaimed, well, 'they must
> be smart' , 'they must
> > be the best and the brightest' ; 'why,look
> from where they finished
> > graduate school' and look at how easily they
> manipulate societies
> > niceties" , will be joining the rabble screaming
> for blood from them all
> 
> 
> http://www.bloomberg.com/apps/news?pid=20601087&sid=aVUE96d.HKyw
> A large hedge fund manager quit the business and returnd
> his clients money
> after rewurning almost 870%.  Below is an important part of
> his farewell
> letter.
> 
> "``I was in this game for money,'' Lahde, 37,
> wrote in a two-page letter
> today in which he said he had come to hate the hedge-fund
> business. ``The
> low-hanging fruit, i.e. idiots whose parents paid for prep
> school, Yale and
> then the Harvard MBA, was there for the taking. These
> people who were
> (often) truly not worthy of the education they received (or
> supposedly
> received) rose to the top of companies such as AIG, Bear
> Stearns and Lehman
> Brothers and all levels of our government."
> 
> Don Bowen  KI6DIU
> http://www.braingarage.com/Dons/Travels/journal/Journal.html

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