Friday, January 25, 2008

Noonan: Republican Civil War & Other Stuff

In case you didn't see it, Peggy Noonan's piece today in the WSJ is extremely thought-provoking. I'm not completely sure what I think about it yet, but I sense that it's important.

Also, what about that French guy who lost over $7.2 Billion of his bank's money, causing the recent global market panic? I discovered that he and I are the same age, 31. I'm thinking my prospects are a bit brighter!

1 comment:

Stephen said...

I'm pretty sure that trader didn't cause the recent market panic. The bank unwinding his positions may have contributed some to Monday's declines, but probably not by much.

The bank said if they hadn't caught it when they did, the losses could have been ten times worse. Yikes!