Crisis on Wall Street: What Business Leaders Say
dd
Carl E. Berg
Real Estate
281st wealthiest American
$1.7 billion
On the origins of the crisis:
"The Wall Street crisis has been caused by the years of excesses and the fee-based economy where the only goal is to make fees at any cost without any benefit to the economy. Forbes had the right idea when they suggested a short term moratorium on marking-to-market be enacted since no market exists in sections of the housing market."
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