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Monday, April 19, 2010

Dick Bove And Enron

On the market and Goldman cheerleader channel, CNBC, today Dick Bove came out saying that the SEC is creating a new financial crisis and it shouldn't.

One question Dick: Should we have let Enron go free just not to create a financial crisis????

What kind of logic is this? You are so shallow, Dick. And so transparent. Everybody knows what you are doing and whose payroll you are on. Since when bringing justice is a bad thing? We should be questioning SEC why they did not do this long time ago and why they are not still doing much more on topics like mark-to-market and other accounting gimmicks Goldman uses to hide that it is way insolvent. It is much worse than Enron.

CNBC and Dick Bove once again showed what they are made of.

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