Wednesday, October 01, 2008

The Best Way Is to Stay Out of the Way

The most dangerous moment for a bad government is when it begins to reform.
--Alexis De Tocqueville

6 comments:

Anonymous said...

"If you don't like something, change it. If you can't change it, change the way you think about it."

-- crisis management

Anonymous said...

Yet another example of why bankruptcy is a totally inadequate alternative for financial institutions is the lehman fiasco.

Anonymous said...

Whatever happens, will happen...

Terry said...

Panic can cause a prudent person to do rational things that can contribute to the failure of an institution.

Anonymous said...

Facebook (Nasdaq: BOOK) potential 2010 IPO target.

Anonymous said...

Blaming speculators as a response to financial crisis goes back at least to the Greeks. It's almost always the wrong response.