Saturday, September 27, 2008

Schadenfreude Sighting of the Day

Headline in the Times of London: Critics of U.S. Gloat over Crumbling Capitalism

Some excerpts:

President Barrat Jagdeo of Guyana complained: “There is clear evidence that many of the standards and much of the scrutiny that are applied routinely to smaller countries were not applied to some larger countries which actually pose much greater systemic risk.”...

The financial crisis put actor Michael Douglas, who proclaimed “Greed is Good” the film “Wall Street”, in an awkward spot. Appearing at a press conference on nuclear disarmament, Douglas was asked about his role as Gordon Gekko. “Are you saying, Gordon, that greed is not good?” a reporter asked. “I’m not saying that,” Douglas replied. “And my name is not Gordon. He’s a character I played 20 years ago.”