January 7, 2010

"While There May Be Complacency on Wall St., . . .

uptown . . . the only question is, when is the next crisis going to happen," says Nobel-winning Joseph Stiglitz.



(Thanks, girl gone mad! And to DeSwiss, who adds this quote:

America is run largely by and for about 5,000 people who are actively supported by 50,000 beavers eager to take their places. I arrive at this figure this way: maybe 2,500 megacorporation executives, 500 politicians, lobbyists and Congressional committee chairmen, 500 investment bankers, 500 partners in major accounting firms, 500 labor brokers. If you don't like my figures, make up your own.
– Robert Townsend, former head of Avis)

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