Again. Note the difference in the big signings after the new financial deals and before. There was a change in our finances, it immediately led to a change in our spending. The change in the sort of player we started signing after the new financial deals shows it wasn't just about penny pinching for the sake of it, one could argue that Wenger was too frugal and cautious but he's always looked out for our long term future, Arsenal will be here long after he's gone and he's got us in great shape financially and in a place where we can now seriously compete, as we are doing so far.
And I agree Wenger failed to land a big signing last summer - well, again Cech was a fantastic signing but we could have done with more. But it sounded like he was after Benzema so he was trying to make another big signing. Maybe people did rate Silvestre and Chamakh - you can't blame Arsenal fans for being optimistic about new signings (well, most Arsenal fans...). Literally no-one was 'creaming' themselves though.
I've no idea about this bloke but he sounds like a pretty decent player in a position where we could do with more cover.