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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Knighty Tin who wrote (76297)	2/20/2000 1:39:00 PM
From: Tommaso	Read Replies (1) \| Respond to of 132070

What would an ex-mutual-fund-manager be good for? Well, I think they might make first-rate undertakers. Maybe this will increase competition and lower the cost of dying. You are right: there are always opportunities, so look at the bright side of things. And there is no one like an undertaker for having confidence in the future. Many years ago I had a future mutual fund manager as a student. It was terribly funny to read about him in Barron's, how he had seriously screwed up a fund he was managing. I knew perfectly well what they were talking about. I still remember his indignation at being reminded that he had not turned in his term paper. The reason? "Sir, you may not realize it, but last week was the Greek Easter!" But I guess he passed and got his Harvard B. A., and that was enough to get him started on Wall Street. Incidentally and even further off (which?)topic, I have been recalling lately John Kenneth Galbraith's remark that modesty is a greatly overrated virtue. I think one might reply that vanity is a greatly underrated vice. And to come back onto topic, I am afraid that Greenspan has come to believe the things that his admirers say about him. Aside from this thread, I read almost no criticism of him--whereas Milton Friedman was after Paul Volcker the whole time he was in office as Fed Chairman.