Display:
"What was I supposed to do?  My guys were creating the most sophisticated derivatives the world had ever seen, and marketing the fook out of them; showing the financial world how it's done.  How would I know that cheap Chinese labor's actual products, not to mention their unlimited capital, would undermine our brilliant debt?  How would I know they would keep some of their profits?

But you know, I still like to visit China.  They've built some really fine luxus hotels, and they can really cook."

henry paulson, in the introduction to the new book; "who coulda known?"

"Life shrinks or expands in proportion to one's courage." - Anaïs Nin

by Crazy Horse on Fri Jan 2nd, 2009 at 07:20:34 PM EST
[ Parent ]
Shorter Paulson:

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Jan 3rd, 2009 at 05:16:05 AM EST
[ Parent ]

Display:
Login
. Make a new account
. Reset password
Occasional Series