Posts
There’s No Superhero in the Wings
But we still can’t tally the losses for which these engineering geniuses are responsible. “No one knows how big the challenges in the financial sector are,” Mr. Kasriel said. “What I do know is that we have never had a more highly leveraged economy than we have today. We have never had a more highly leveraged household sector and we have never had a more highly leveraged housing sector than we have today.”
This is the End and a New Beginning
-
I've been thinking about this for some time.
After 21 years of writing this blog almost daily, I've decided to stop
writing the daily updates on the blog.
...
2 weeks ago
2 comments:
But we still can’t tally the losses for which these engineering geniuses are responsible.
LOL I love that line.
Kevin
When Genius Failed: The Rise and Fall of Long-Term Capital Management
The next book in the series?
When Geniuses Failed: The Rise and Fall of Long-Term Capital Mismanagement
Post a Comment