Monday, February 2, 2009

Abandon all hope

In today's column TF searches Davos (perhaps lamp in hand like Diogenes) looking for The Man with The Plan (Elvis Has Left the Mountain). He concludes that we must all suffer for our sins. Sorry, not me bub. I neither bought nor sold a subprime mortgage nor a derivative thereof. I agree that someone needs to suffer some pain here, but it shouldn't be me or most of the people I know.

In a further testament to poor judgement, TF mentions his association with Indian outsourcer and fraudster B. Raju. He only speculates on how Mr. Raju helped start India's first 911 system. How could such a good man steal $1B (or more) of other people's money? Hint: it's not jus teasy, its smart to spend a few bucks on P.R. like this of you are a crook. Ask Mike Milken and Mother Theresa.

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