Barney Frank: “Bubbles in history have been cases of exuberant irrationality”

Sissy Willis sisu 10/9/2010

“Bubbles in history have not been cases of irrational exuberance. They have been cases of exuberant irrationality,” blustered Barney Frank back in December of 2006 on the eve of his becoming Chairman of the House Financial Services Committee. A few flips and flops later, attempting to avoid taking responsibility for […]