Wall Street is just vibe trading lately. Angela Weiss/AFP/Getty Images New York —
Once upon a time, all of us were taught the story of the Emperor’s New Clothes and its unambiguous lesson about calling out the truth when it’s right in front of your eyes. The emperor was not, in fact, clad in the finest suit. The emperor was naked, a fool who’d been had.
The moral was, more or less: Don’t be a mark, like the emperor who got swindled by couture con artists. Be the kid in the crowd who called the naked man out for being naked.
But it really changes the story if you note that everyone stood to get rich – really rich – if everyone agreed to just go along with it, because hey, the Emperor’s had some pretty nice clothes in the past, so who’s to say if his new duds don’t look as nice

CNN Business

The Baltimore Sun
AlterNet
Raw Story
ABC News