| Kai's profileMemoryPhotosBlogLists |  Tools  Help |
|
September 19 The King Is DeadThey're listening to Coldplay down on Wall Street:
I used to rule the world
Seas would rise when I gave the word
Now in the morning I sleep alone
Sweep the streets I used to own
The leverage party's over for the masters of the universe. Shed a tear. When you trade pieces of paper for other pieces of paper instead of trading them for real things, one day someone wakes up and realizes the paper's worth nothing. And Lehman Brothers, after 158 years, has gone poof in the night.
We're witnessing the passing of more than a venerable firm. We're seeing the death of a culture.
They're listening to Coldplay down on Wall Street:
Now the old king is dead! Long live the king!
Yes, the death of the old is also the birth of the new. In my end is my beginning. It's time for the best and the brightest to step forth and rediscover the public sphere.
——Snippet from an article posted in NYTimes http://www.nytimes.com/2008/09/18/opinion/18cohen.html?_r=1&ei=5070&emc=eta1&oref=slogin |
|
|
