Thursday, September 11, 2008
I just wrecked my brains out to figure out this subprime mortgage crisis and its effects. You would think that I'd want to just die now, but I actually relish the experience. It's kind of fulfilling.
I was reading some reports about the crisis for my assignment, how it started, what the idea was, where it came from. I tell you, I can just imagine some guy proudly boasting how to make quick money to his boss, thinking he's a genius for coming up with an idea that no one thought of. I want to know who his lecturer is, and smack the guy left, right and centre. There is no quick way to make money without a catch.
Definitely some guy who talked big in finance class, and barely passed, or some half rated economist who couldn't manage more than 2 graphs before their eyes. The idea was not even properly thought through. I guess the excitement of making money was too much for them. There's always the probability that it was some genius economist/financier who saw everything, and thought as long as I don't bear the responsibility it's fine.
Now I gotta bust my ass off, just to find out what the consequences of his mistakes are.
Dan
4:49 pm