#7. Financial Market Regulators have been in Wall Street’s pocket for longer than anyone can remember.
#6. Financial Behemoth Bankruptcies ( i.e. Lehman Bros, Bear Stearns, LTCM, Kidder, AIG)
#5. US Treasuries and the current debt levels relative to our gross national product.
#4. The incompetence of our current administration.
#3. You can NEVER underestimate the incompetence, greed and arrogance of financial market executives.
#2. It’s happened before.
#1. This is the President of the United States of America and this isn’t his first rodeo.
Disclaimer: This is a guest post and it doesn’t represent the views of IWB.