Every Form Of Strength Is Also A

The Institutions At The Centre Of Capitalism Are Bigger Than They've Ever Been, The Pay Is Much Greater, The Ability Of Society To Get Its Arms Around It Is Much Less. The Political Clout Of The Financial Class Is Unbelievable. I'd Say The Story Is Darker Than When I Was There. When I Was There It Felt Like A Comedy - And Now It Feels More Like A Tragedy.

The Sentimentality Of Baseball Is Very Deeply Rooted In The American Baseball Fan. It Is The One Sport That Is Transmitted From Fathers To Sons.

The Model Used By Wall Street To Price Trillions Of Dollar's Worth Of Derivatives Thought Of The Financial World As An Orderly, Continuous Process. But The World Was Not Continuous; It Changed Discontinuously, And Often By Accident.

There Used To Be This Guy Called Vinny Who Worked On The Floor Of The Stock Exchange, Said One Big Investor Who Had Observed The Market For A Long Time. After The Markets Closed Vinny Would Get Into His Cadillac And Drive Out To His Big House In Long Island. Now There Is The Guy Called Vladimir Who Gets Into His Jet And Flies To His Estate In Aspen For The Weekend. I Used To Worry A Little About Vinny. Now I Worry A Lot About Vladimir

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.