As Long As We Issue

We Need, In Effect, To Make The Phantom 'lock-boxes' Around The Trust Fund Real.

The Probability Of Ten Consecutive Heads Is 0.1 Percent; Thus, When You Have Millions Of Coin Tossers, Or Investors, In The End There Will Be Thousands Of Very Successful Practitioners Of Coin Tossing, Or Stock Picking.

In General, Corruption Tends To Exist Whenever Governments Have Favors To Extend, Or Something To Sell.

Credit-default Swaps, I Think, Have Serious Problems Associated With Them.

We May Be In A Rapidly Evolving International Financial System With All The Bells And Whistles Of The So-called New Economy. But The Old-economy Rules Of Prudence Are As Formidable As Ever. We Violate Them At Our Own Peril.