It said bitcoin's bubbles were created
by a combination of hype, mystery, decentralisation and possible
insider trading, suggesting that a small group of bitcoin owners were speculating on its price and
manipulating general investors.
He has argued that failed banks should not be bailed out, Lehman's collapse was not a disaster, AIG should be declared bankrupt, that naked short selling is not a problem, that backdating isn't so bad,
insider trading should be legal, many corporate CEOs are underpaid, global solutions are worse than local solutions, Warren Buffett is overrated, Michael Milken is a great American, the collapse of the hedge fund was not a scandal, hedge funds are over-regulated, education is overrated
by the educated, bonuses at successful Wall Street's firms are deserved and possibly undersized, management buyouts are boons to the economy, Enron's management was victimized
by an over-zealous prosecution, Sarbanes - Oxley should be repealed, corporate compliance culture is a disaster, shareholder democracy is overrated, hostile takeovers ought to be revived, the market is permanently moving away from public ownership of equity in corporations, private partnerships are on the rise, public ignorance is encouraged and
manipulated by governments and corporations, experts overrate expertise, regulatory agencies are controlled
by the businesses they supposedly regulate and Wall Street is much more fun than people give it credit for.
Once it becomes clear to everyone that the AGW theory is based on cleverly
manipulated data twisted
by rigged computer models controlled
by several dozen IPCC politicians / scientists, we can expect that investors who lose millions
by investing in these companies will eventually haul Mr. Gore and the
insider IPCC scientists into court.»