A mess of subprime fools
Paraphrasing David Hannum (not PT Barnum) there’s a fool born every minute and recent happenings seem to bear that out—only most of the current fools have MBA’s and high level jobs.
And then there are the fools in Washington who for years have told us to trust industry and that self-regulation works to our advantage.
And all of us fools who either believed them or were asleep at the wheel.
So in honor of April Fool’s Day here’s a great explanation of the subprime mess that doesn’t require an advanced degree.
It also proves that Hannum was right.
My thanks to Nick Mikhailovsky at NTR Lab for sending it to me.
Related Stories
POSTED IN: About leadership, Communication, Leadership Turn odd bits, Leading factors, What leaders DON'T
0 opinions for A mess of subprime fools
No one has left a comment yet. You know what this means, right? You could be first!
Have an opinion? Leave a comment: