Monday, March 31, 2008

Quote From Paul O'Neill.....Former Treasury Secretary

Q:It’s so hard to understand how the subprime mortgage crisis has triggered a financial crisis of global proportions.

A: If you have 10 bottles of water, and one bottle had poison in it, and you didn’t know which one, you probably wouldn’t drink out of any of the 10 bottles; that’s basically what we’ve got there.

Source: NYT

1 comment:

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