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Old 11-24-2010, 10:54 AM
DXK DXK is offline
Officially Welcomed to the 'Fest
Location: Boston
 
Join Date: Jun 2007
Posts: 1,176
Mein Auto: '11 550i
Quote:
Originally Posted by richschneid View Post
"Well then, who was it who sold all those mortages to people under the premise that the price of houses would never go down? Granted they were not professors of finance, they don't work for banks. So, who in your opinion did it? How many of them had MBAs?"
Um, my mortgage officer was not an MBA. In any case, you don't think it's beyond silly to blame a degree for the recession?
I had a dealer once who told me that my car will be worth $30,000 after 3 years, but as turned out was worth only $20,000. I am sure he had an MBA.
Oh and all those investors in Florida who flipped houses, they were all MBAs or were made to do that by MBAs.
And all those stocks that you buy, they should all go up because an MBA told you that.
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'14 550i M Sport on order for ED June 30, 2014
'11 550i Sport
'08 535i Sport, BMW Welt, Dec. 23, 2007
'06 330i Sport
'06 P Boxster
'02 C32 AMG
'99 328i
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