Posts Tagged ‘cutting corners’

Cutting corners is a very bad thing

July 16th, 2010 | 1 Comment

The Senate passed the finance reform package.  They’re sending it to Congress.  It’ll pass.  It’s 2,300 pages.  It’s 390,000 words.  When I asked a finance person what the impact would be on my personal bank, and my investments, he said “very little, if any”.  Obama’s advice was a little more direct: “Unless your business model [...]