I remember a time when banks lent money to people. Now it’s the other way around.
›› Thomas L. Friedman quoting a lawmaker on the television
Tags:
- banking, crisis, finance, funny, recession, truth
I remember a time when banks lent money to people. Now it’s the other way around.
›› Thomas L. Friedman quoting a lawmaker on the television
I’ve abandoned free-market principles to save the free-market system to make sure the economy doesn’t collapse.
›› Outgoing US President George Bush making little sense (as usual)
Now for being stupid and believing in witchcraft you will have to work much harder to recoup the money you gave us.
›› Columbian pyramid scheme crooks taunting their victims
A simple rule dictates my buying: Be fearful when others are greedy, and be greedy when others are fearful.
›› Warren Buffet has his plate filled with American picks
It’s not based on any particular data point… We just wanted to choose a really large number.
›› A Treasury spokeswoman confides in Forbes.com
No better illustration exists of a culture where private gain has eclipsed the public good, public service, even public decency, and where the cult of the individual has caused the commonwealth to wither… That’s the culture we’ve lived with. It’s over now. Some new American beginning is needed.
›› Roger Cohen from the IHT lambasting the financial sector
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