SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: axial who wrote (28256)4/29/2010 8:28:12 AM
From: maceng22 Recommendations  Read Replies (1) of 71408
 
An interesting comment, no doubt with some truth in it. It is missing something though. Where is the ray of hope? You don't need to answer as that.

We were (are?) all young once and allowed to have aspirations and positive thoughts for the future. All will be well once the present set problems are taken care of.

I was once young too and taken under the guidance of a much older senior engineer. He was intelligent enough not to try and crush my expectations for the future too much, he would have been wasting his time on that point, but he did make it abundantly clear what his expectations from me were for the present. "If you are employed and paid by the company, you are now both part of the problem and any possible solution". End of story. There is such a thing as personal responsibility. It was a clear lesson and one instantly understood. There is very little room to whine and complain, and precious little time to waste on such useless activity.

That goes for everybody. People in all walks of life have personal responsibility to do their job well to protect the public and their fellow employees from harm.

I was a disappointed to read this in the WSJ.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Tourre: A Hero in Villain's Garb? By DENNIS K. BERMAN.

Goldman Sachs Group's Fabrice "Fabulous Fab" Tourre is no villain. In fact, there's reason to find him an unwitting hero of the public conscience, despite whatever efforts are made by a camera-hungry row of senators Tuesday.

Just read a series of 2007 emails between the young Goldman mortgage banker and his girlfriend, recently released by the bank. Endearingly smitten, the then-27-year-old openly questions his place in an ever-absurd realm of CDS, CDOs, and CDO-squareds


----blah blah blah----

online.wsj.com

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

That is ONLY something you would read in Rupert Murdochs gutter press UK rag "The News of the World". The little gutless sh*te who wrote it may have pleased his boss, but I can see clearly he is part of the problem, not the solution.

Fabrice "Fabulous Fab" Tourre is guilty as charged. His email to his girlfriend or whatever proves this beyond a shadow of a doubt. There is your ray of hope. If the law authorities make a sacrificial goat of Fabrice Tourre, we know we are on the right path to a fairer world.

If you think like a loser you certainly will be a loser. If you think positively about an outcome, it is no guarantee that good things will happen, but it is a crucial part of the enabling process.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext