Tuesday, July 19, 2011

Tanked Ogre

Who can imagine that something dealing with "split-strike leveraging" could be so compelling, and ultimately a page-turner?

A flim flam man people simply wanted to believe.
I've worked with one or two people like that, haven't you?

No recommended menu here, only a confirmation of my own biases, on business self-interest.

"Life's exactly as it looks
Love may triumph in the books
Not here"

---Song of Ogres
         W H Auden

12 comments:

  1. That is a great quote. It is as I've always suspected.

    ReplyDelete
  2. Wow, really? I wouldn't have considered this book in a million years, but now I don't know...

    ReplyDelete
  3. Did I tell you my tax guy had several clients who were fleeced by Madoff? And the one guy who actually got out in time, the government is going after, saying his profits were ill-gotten gains.

    ReplyDelete
  4. M: That quote has resonated with me for a long time--
    AH: Terrible! Yeah, that's called "claw back," as for ill-gotten gains, Madoff investors never made gains, as, in a Ponzi scheme, their money was not invested; they only made money from the money of other Madoff investors.

    ReplyDelete
  5. I am surprised as to how far he threw the fleece net. From NY to CA and from MN to FL.

    ReplyDelete
  6. As well as London, Brazil, France and Germany--
    among others.

    ReplyDelete
  7. I'm waiting for it to show up at the 99 cent store

    ReplyDelete
  8. PA: Ha! I think that's called shorting--or something or other. I just go to the damn liberry

    ReplyDelete
  9. Honestly, it makes me too mad. I can't even listen to the radio and have had to download podcasts for my car noise. If anyone wants to loan me audiobooks (fiction, to keep me from freaking out) I'd be grateful.

    ReplyDelete
  10. 1st, I'm glad to know KB didn't get fleeced by Bernie. 2nd, if only the lying wizards stopped here with Madoff.

    ReplyDelete
  11. CP-So True--P: Fiction as the thinking person's opium?

    ReplyDelete
  12. Opium as the thinking person's opium would also be fine, except perhaps when driving.

    ReplyDelete