Monday, December 30, 2019

Mayors and Rabbis Busted in Jersey

Mayors and Rabbis Busted in JerseyMayors and Rabbis Busted in JerseyI havent read Malcolm Gladwells best-selling book The Tipping Point so correct me if Im wrong but I believe, with respect to financial scandals, such a point was just reached this morning with the arrest of approximately 30 New York and New Jersey residents, includingseveral rabbis and the mayors of Hoboken and Secaucus, in connection with aninternational money-laundering conspiracy.Speaking of Gladwell, in case you missed the speech he gave a few months ago about how overconfidence killed the economy (which I previously linked to), the writers words were published this week by The New Yorker in a piece entitled, Cocksure Banks, battles, and the psychology of overconfidence. Its well worth your time.Finally, and sadly, it appears that Academy Award-Winning Spanish thespian Javier Bardem (who won an Oscar for portraying a poetic serial killing bounty hunter in the Coen Brothers film adaptation of Cormac McCarthys thri ller No Country For Old Men) will not don Armani and Herms to play an evil hedge feststellung manager in Oliver Stones sequel to Wall Street, the film that put greed is good and Gordon Gekko on the map. Reportedly, Bardem has opted to portray the love interest of a sappy soul searcher played by Julia Roberts in an adaptation of the best selling Eat, Pray, Love, rather than the nemesis of a young and hungry securities trader played by Shia LaBeouf.

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