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Thread: Since when the U.S. Fed Cut Discount Rate 7:00pm EST Sunday Evening ?
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Old 03-17-2008, 04:36 AM
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Re: Since when the U.S. Fed Cut Discount Rate 7:00pm EST Sunday Evening ?
There's one conclusion I can draw from all this mess: no matter how smart you are, what school you graduate from (esp. bragging rights at wall st.), in the end, we all succumb to greed; there's always someone who will outsmart you (rogue trader from SocGen in France). The worst thing of all is these guys command such large sums of money it's scary to think they're all dumb asses just like us. Sad indeed.

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