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Re: peeved post# 61005

Tuesday, 12/30/2008 11:15:42 AM

Tuesday, December 30, 2008 11:15:42 AM

Post# of 86824
I don't think it accurate to characterize Spooz as having been screwed by everyone. I believe it is the other way around. After all, Spooz was started by people who are professionals in the markets, or so we are told. No way will I believe Spooz management are poor dupes here. They had to know what has gone on and what they have agreed to every step of the way. In latter stages they may have been helpless to change the course of things, but victims they are not, IMO. If they didn't understand the way this kind of shady toxic financing works, then shame on them.