Used to be that what defined us all was our “word”; not sure anymore. What’s changed, or how has it happened? Contracts are made to be broken with so many outs, ambiguities, etc. Risk factors in offerings take up half the documentation and sellers and their agents rely on the “buyer beware” out. Tell me, how in God’s little green acre can Goldman Sachs claim (without giggling)that the product they were selling/recommending to others was o.k. to be shorting themselves as their buyers/clients were ‘sophisticated’ and responsible for their own behavior? Is that what was told them at HBS or is that the new norm?

Now we have a well respected/regarded Senator opting out of running for his next term because he’s fed up with the shenanigans of his fellow office holders. The gridlock, infighting, finger-pointing, ad nauseum is almost insane/inane  as we head for the toilet.

 So I ask my fellow congregants for comments, suggestions;…..or is this for the grand kids to figure out?

Marshall Sterman