Steve In Ink - 2008’s Lessons For 2009 (Philadelphia Inquirer 12/31)
With a Happy New Year to y’all I give you some of the lessons 2008 was kind enough to leave for us to learn from…
2008 provided an embarrassing, albeit sometimes disastrous cascade of evidence that so-called brilliant minds tweren’t so brilliant. One need not go any farther that former Federal Reserve chairman and former market genius Alan Greenspan who was “shocked” to find a flaw in his no-regulations-needed-here ideology or that the Gray Lady of Spoof, National Lampoon spoofed their stock value right into a federal securities fraud case. The good news is that all those mistakes, blunders and seeming outright failures hold much promise for the rest of us to gain Read more
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