<p>These will take you back:</p>
<p>“In terms of the economy, look, I inherited a recession, I am ending on a recession.” --George W. Bush, Washington, D.C., Jan. 12, 2009</p>
<p>“I’ve abandoned free market principles to save the free market system.” --George W. Bush, Washington, D.C., Dec. 16, 2008</p>
<p>The best part of harvard education is sometime you meet face to face with people like Mr. Einhorn.</p>
<p>By the way what come down, goes up and what is up, come down too.</p>
<p>This one is timely:</p>
<p>A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain.
<p>Mr. Einhorn – with his Cornell political science BA, and no further education! That’s not a dig at him, by the way, it’s a dig at all the Harvard/finance/professional school worship on this site. Einhorn has done well for himself. But his success at exposing issues with Lehman’s accounting does not necessarily mean that he had unique insights into what will happen with inflation, or even what will happen with market psychology about inflation. He’s gambling, just like everyone else in that market right now.</p>
<p>There are lots of people I would rather meet at Harvard. Starting with Tony Blair, and Helen Vendler. I DID meet Benazir Bhutto there, once, when she was 22 or so, in the Eliot House dining room.</p>
<p>JHS:</p>
<p>Thanks for dig :)</p>
<p>On political side - No interest what so ever.</p>
<p>This one has been around for a long time with several variations of amounts and words, “problem” vs “own”, but very appropriate today:</p>
<p>If you owe the bank a few thousand dollars, you have a problem. If you owe the bank a few billion dollars it is the bank’s problem.</p>
<p>Njers</p>
<p>I have head that one. And it is funny :)</p>
<p>soory posting in a differnt site</p>