Hot Air

As many of my readers know, I took a few years off to trade derivatives in a private find run by a senior trader at Procter & Gamble.

From that experience I realized what was building up in our financial world. I told close friends that Bin Ladin, by bombing the World Trade Center, was indeed attacking a group who would eventually themselves ruin Wall Street.

I often told my wife that I bet that very few of the surviving wives in the suburbs could, when their husbands left for work each morning, have understood the insane things that their trading husbands were doing down there at the Trade Center.