David Einhorn: Bailout Bubble Redux | GreenLightAdvisor Views

David Einhorn: Bailout Bubble Redux | GreenLightAdvisor Views
Einhorn elaborates in his typically lucid fashion that Washington policymakers, et al, have set a new bubble in motion, the “Bailout Bubble.” The administration is reflating the economy back to 2006 levels....Most of the institutions that ran into major trouble were AAA rated entities. Fannie, Freddie, AIG, monolines, GE all were AAA rated