Monday, September 29, 2008

WALL STREET LIARS

Scott Burns chronicles all of the lies told by major Wall Street financial firms. It is not pretty.

Here's your quiz question for the day: Who is the biggest liar of them all?

The answer will surprise you, and, yes, you're allowed to consult your daily newspaper or favorite Web sites. Gird yourself. You may be overwhelmed by the number of candidates.

And then he tells you who taught Wall Street.

Washington, D.C., the home of the federal government and the source of current efforts to rescue our economy.

When it comes to deception, misleading accounting and lack of disclosure, Uncle Sam is the father of all con artists. Indeed, as large as the current crisis is, all the losses racked up by the Nitwit Sector pale when compared with what our government has done.

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