9/12/10

"You can get all A's and still flunk life."

i am in a class--which is covering topics in financial accounting--and the other day my professor made a very thought provoking comment, which, it lacking any nerdy technical value, i thought i would share.

He had been speaking specifically about the financial crisis that we are either still wallowing in or at most finding a small thorny vine with which to start pulling ourselves out, and in commenting on the suspect lending policies at many fine banking institutions, he said the following:

"Any con game that is successful is not successful because of the greed of the con man, for that is a given. In reality, the successful con game is just so because of the greed of the victim."


Yes, you can find truth, even in ACC 4550.

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