David Woo (5/12/2013) about bitcoin: “Our fair value analysis implies a price of $1300” Franklin Raines (10/6/2004): “These supbrime assets are so riskless that their capital for holding them should be under 2 percent.” Joseph Cassano (2007): “It is hard for us, without being flippant, to even see a scenario within any kind of realm of reason that would see us losing one dollar in any of these Credit Default Swap transactions.” David Lereah (12/8/2005): “I truly believe the housing market will continue to expand. But rather than the double-digit price appreciation we’ve seen, we might see that drop to a 5 or 6 percent appreciation sometime toward the end … Continue reading Victor Baetens