” Mr Kerviel’s blunt explanation is a parable for our times: “I was making cash, so the signals were not so worrying. As long as we won and it didn’t show, nothing was said.” “
I’ve been holding my nose and listening to CNBC in the background this morning, and, maybe I’ve got my ‘cynical’ filter set to ‘high’, but it sounds to me like every ‘expert’ and/or ‘analyst’ has been intoning some variation of “Pay no attention to that man behind the curtain!”
We’re being flim-flammed, and I don’t like it one bit....
Right. Anybody who does it a tin-foiler. That would be their party-line.
CNBC doing its public service to 'calm down the ignorant masses.':-)