The 4 horsemen of the Financial Apocalypse

Today we saw the 4 horsemen of the financial apocalypse were out in full finger-pointing mode today:

They are:

1. Alan Greenspan: the catalyst and "I see no evil" member of that pack

2. Ben Bernanke: the "I came late too the party" to do anything

3. Henry Paulson: the main player in this financial apocalypse

4. Christopher Cox: the only one to admit guilt, but is still employed

These guys are supposedly the smartest financial types on the planet and they all said to the Congress that they didn't see it coming or didn't do enough to stop it if they did see it coming.

Now if these guys didn't, couldn't, or wouldn't, what chance do normal investors have in winning the investment game. I am sure that the US investor or 401K participant or IRA owner is going to be very suspect of the Wall Street game from now on, and it is going to take a long time before they begin to put their monies back into the market. Many people now believe that the government and Wall Street are in collusion especially with Hank Paulson, the ex-Chairman of Goldman Sachs, is running the Treasury department.

They have blown their "brand" as they say on Madison Avenue.