Monday, February 9, 2009

Did You Know?

Did you know that at the peak of Enron's deception, they were following the regulations codified in Sarbanes-Oxley? 

Unbelievable .... but actually true.  

Lesson = Regulations Don't Necessarily Work

One super smart guy affirms the above lesson. His name is Professor Roubini, and he predicted this recession. Read more about his thoughts here

PS - If any of my friends out there are ever contestants on The Bachelor, please do not cry to the eligible fellow, nor cry on camera. Please.

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