On the eve of the Enron trial, LI watched the Smartest Guys in the Room yesterday. And we scanned the Economist tout sheet of the prosecuted and the let off. Of course, as we know, corporate law is designed, basically, to allow the governing class to rob people without the expense and fuss that comes from having to buy pistols and wave them in various strangers faces. That the prosecution has to prove an epistemological point to the jury – viz, that Skilling and Lay knew they were committing a crime by signing off on various deals to conceal Enron’s debt while pumping its stock, thus making it a crime – is funny in itself, like one of Zeno’s paradoxes – how can you prove someone knowingly committed a crime when the crime depends on knowingly committing it? If I decide to knock somebody down, steal their credit cards, and use them, the police don’t have to bother convincing the jury that I knew I was committing a crime. But the more money one has, the more murky the line between the cr
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Das Langweilige ist interessant geworden, weil das Interessante angefangen hat langweilig zu werden. – Thomas Mann
"Never for money/always for love" - The Talking Heads