Each Firm Held Its Rope;

I Was Really Interested In A Pretty Simple Thing: What Happens When Someone Tries To Introduce Moral Considerations Into Wall Street, What Happens When Someone Wants To Actually Demand Of Himself And Those Who Work With Him That What They Do Is Not Just Profitable But Good And Useful.

Baseball Is This Intense Subculture That Actually Doesn't Speak Very Much For The Larger Culture.

The Germans Made Just About Every Bad Investment You Could Have Made In The Last 10 Years. They Invested In Icelandic Banks. They Invested In Greek Government Bonds. They Were Heavy Into Irish Banks, Big Into Irish Banks, And They Bought U.s. Subprime Mortgage Bonds.

The Fuses Had Been Lit And Could Not Be Extinguished. All That Remained Was To Observe The Speed Of The Spark, And The Size Of The Explosions.

Above All, Recognize That If You Have Had Success, You Have Also Had Luck — And With Luck Comes Obligation. You Owe A Debt, And Not Just To Your Gods. You Owe A Debt To The Unlucky.