People hate to think about bad things happening, so they always underestimate their likelihood.
Tell me the difference between stupid and illegal, and I’ll have my wife’s brother arrested.
We live in an era of fraud in America. Not just in banking, but in government, education, religion, food. Even baseball…
For fifteen thousand years, fraud and short sighted thinking have never, ever worked. Not once. Eventually you get caught, things go south. When the hell did we forget all that?
You could afford to make less, make less.
That’s not stupidity, that’s fraud.
If the mortgage bonds were the match, then the CDO’s were the kerosene soaked rags. And the synthetic CDO was the atomic bomb with a drunk president holding his finger over the button. It was at that moment in that dumb restaurant with that stupid look on his face that Mark Baum realized, the whole world economy might collapse.
I don’t know how to be sarcastic. I don’t know how to be funny. I don’t know how to work people. I just know how to read numbers.
Watch now on:
You know what I hate about f*****g banking! It reduces people to numbers!
While the whole world was having a big old party, few outsiders and weirdos saw what no one else could.
We’re going to wait, and we’re going to wait, and we’re going to wait, until they feel the pain, until they start to bleed.
I guess when someone’s wrong, they never… they never know how.
