Credit Crisis – Who To Believe

We had Enron and others like it. Now we have the Wall Street meltdown, and the same questions are being asked.

Have those nice people at the top been fiddling with the books so they could continue earning those big fat pay cheques?

I, for one, cannot believe that they did not know what was happening. Continuing to encourage easy credit, knowing that it was much riskier than it was being reported as in the company books. Basically risking the future for the present.