Thursday, July 24, 2008

That old saying about people living in glass houses...

"Citi may take $7 bn more in writeoffs: Morgan Stanley". How credible is this given Morgan Stanley couldn't have predicted how much they would write off in 07/08, if we bothered to ask them, that is. Maybe, we should have asked Citi instead?

1 comment:

Rhishi Pethe said...

Guruji - this is difficult to follow! But my version of the saying is that people living with in glass houses should not change clothes at night with lights on.