I like a captain who keeps a sharp eye on the passage. I bet this BS
CEO won't walk the plank.
Roger
On Wed, Mar 19, 2008 at 5:18 PM, Pierre Joris <[log in to unmask]> wrote:
> he was off playing bridge at a tournament last week & didn't bother to
> come back when news of the collapse & bailout reached him. He done the
> same (golfing that time) when the previous crisis (those junk-mortage
> bubbles deflating) occured.
>
> Pierre
>
>
> On Mar 19, 2008, at 8:06 AM, Barry Alpert wrote:
>
> > Last evening while watching television I caught the end of an
> > interview with someone who supplied
> > outrageous details about the "managerial behaviour" of the CEO of
> > Bear Stearns. Can anyone refer
> > us to the most revealing tidbits available online?
> >
> > Barry
> >
> >
> > On Tue, 18 Mar 2008 20:06:50 +0000, Roger Day <[log in to unmask]>
> > wrote:
> >
> >> re: the thirties. I think it's something along the lines of don't
> >> mention it, and it won't happen. What pisses me off is that the whole
> >> deal is of the bank's making and we're the ones at the sharp end of
> >> their pontification over the years. Grrr.
> >>
> >> Roger
> >>
> >> On Tue, Mar 18, 2008 at 3:08 PM, Douglas Barbour
> >> <[log in to unmask]> wrote:
> >>> Where will we find the Cantos for this (from The Independent)?
> >>>
> >>> Is this the moment? The moment, that is, when the world economy
> >>> slides
> >>> into slump? The collapse of Bear Stearns is a signal of much worse
> >>> to
> >>> come. Perhaps the most significant barometer of the economic
> >>> health of
> >>> the world today isn't the FTSE 100, the Dow or the Nikkei, dreadful
> >>> though they were at times, nor the free-falling dollar or the
> >>> soaring
> >>> value, yet again, of gold. Rather it is the suddenness with which
> >>> the
> >>> situation is being compared with the 1930s, the most miserable
> >>> decade
> >>> in a century of economic history.
> >>>
> >>> That may be an apocalyptic view, a typical product of the mood
> >>> swings
> >>> of markets suffering from bipolar syndrome; but the world economy is
> >>> sick. It is suffering from illnesses that are beginning to feed on
> >>> each other, creating a vortex of downward spirals. Grim forces have
> >>> gripped the world economy, a combination not seen since the Great
> >>> Depression.
> >>>
> >>>
> >>>
> >>> I especially liked the reference to 'bi-polar syndrome,' an answer
> >>> not
> >>> available back in 1929....
> >>>
> >>>
> >>>
> >>> Doug
>
> ___________________________________________________________
>
> The poet: always in partibus infidelium -- Paul Celan
> ___________________________________________________________
> Pierre Joris
> 244 Elm Street
> Albany NY 12202
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> c: 518 225 7123
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> http://pierrejoris.com
> Nomadics blog: http://pjoris.blogspot.com
> ____________________________________________________________
>
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"She went out with her paint box, paints the chapel blue
She went out with her matches, torched the car-wash too"
The Go-Betweens
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