Monday, January 25, 2010

The Definition of Hubris

. Monday, January 25, 2010

Elizabeth Warren, would-be head of the Consumer Financial Protection Agency:

I was really knocked out -- I have to tell you -- by the hearings last week when Jamie Diamond [head of Citibank?] said, [airy tone], "You know, you just have to expect this. We'll have crashes like this every five to seven years--"

Doesn't that just knock you over?


Let me guess, Ms. Warren: if you get the authority you want, this time will be different, right?

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The Definition of Hubris
 
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