Quotes o' the Day: St. Patrick's Luck o' the Churlish edition
"When I read this, I giggle a little bit. Because $50 billion is a shitload of money, but in the grand scheme of things. $50 billion is a drop in the ocean." - Former UK Lehman managing director.
"But it's important not to lose sight of the fact that what we're seeing here is a corporate failing to an even greater degree than it is an individual one, and that it infects investment banks generally, not just Lehman Brothers. These shops deliberately go out to hire psychopaths, and then they fire the ones who go soft, while promoting the most aggressive assholes, keeping a few smooth-talking client-relationship types on hand to preserve some semblance of a respectable public face." - Felix Salmon, Reuters
"I know that all we do is steal your husband, and I’m sorry you had to move by yourself." - Lehman Bros. executive Teddy Roosevelt IV to Lehman wife Karin Jack.
"(A)ccording to the New York Post, former Lehman CEO Dick Fuld actually feels vindicated by the Lehman bankruptcy examiner's report released last week -- which said that Fuld was "at least grossly negligent" in failing to discover the transactions." - Ryan McCarthy, the Huffington Post.
From (Glenn Beck's) The One Thing segment on Thursday, March 11, 2010:
1. "During normal times, kooks that say this kind stuff is good brushed aside. But history shows us time and time again, if you add two elements, fear and hunger -- all people will listen to anybody who says I have the answer. I'm going to give you an example. When I say 'anybody,' I mean anybody."
Comment: Glenn Beck saying this to his audience is like a copperhead explaining why you should avoid the scorpions. - The Rude Pundit, 3/15/10
"Brooks' conclusion is absurd. Does he really think that passing changes to the health care bill through reconciliation will materially effect how parties act in the future? He believes that the next Republican administration with more than 50 but fewer than 60 Senators would decline to pass a tax cut through reconciliation, but will now do so because the Democrats did it? I doubt even Karl Rove could say this with a straight face." - Jonathan Chait on David Brooks' last column, the New Republic
"And by now you've figured out that you don't really have any say in this, that what we call the "democratic process" is mostly a sham, pretty words that get repeated in the hopes we will all still fall for it. But the fix is in and we don't fall for it anymore. Admit it: Wall Street owns "our" Congress lock, stock and big barrel o' campaign cash. You want a say in this? Well, I don't see you on the Forbes 400, so shut the f@*& up and go fetch me another bottle of bubbly." - Michael Moore, the Huffington Post