There's No Point In Arguing

In Their Leaders, Advisers, And Experts, People Much Prefer Overconfidence, Total Certainty, To Any Kind Of Doubt.

The Moulin Rouge Is, Like The West Village And The Nasdaq, One Of Those Places That People Who Don't Like To Take Risks Come To For The Thrill Of Being On The Spot Where Risks Once Were Taken.

My Judgement Is Not Good When I Am On A Book Tour. I Am Not Thinking About It That Much. What Happens Is I Will Go Back Home. I Have A 4-year-old And A 1-year-old And A Wife Who Is Now Taking Care Of Them Who Is Wondering Where Her Husband Is.

The Cdo Was, In Effect, A Credit Laundering Service For The Residents Of Lower Middle Class America. For Wall Street It Was A Machine That Turned Lead Into Gold.

Incredibly, At This Critical Juncture In Financial History, After Which So Much Changed So Quickly, The Only Constraint In The Subprime Mortgage Market Was A Shortage Of People Willing To Bet Against It.