What happens when the gravy train reaches it’s final stop?

[Y]ou find yourself sitting on a sizable number of these nuclear weapons – and they’re all ticking.

Lehman is just the latest, but not the first or last, of a long line of institutions that has or will explode.
[Market Ticker]


“If an entity, such as financial or retirement fund, becomes too large to be managed competently, it does not stay too big for very long.” -Paco Bell

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: