Giants Dance

When giants shake their feet, the whole world dances.

wall-street-panic-stocks-market-collapse-crash.gif

“The crash caused especial mayhem among these firms, which were commonly linked together in vast and complex chains. But the great names of Wall Street - Goldman Sachs, for example, or JP Morgan - emerged almost unscathed.”


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This entry was written by happy thanksgiving, y'all!, posted on March 24, 2008 at 11:47 am.

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4 Comments

  1. shawn
    Posted March 24, 2008 at 12:15 pm | Permalink

    Looks like JPMorgan is still dancing:

    http://en.wikipedia.org/wiki/Bear_stearns#Controversy

    (Although, I realize, this may be just making explicit the subtext to yours.)

  2. Julia
    Posted March 24, 2008 at 3:57 pm | Permalink

    My Sudanese coworker says they have a saying that goes; “when the elephants fight it is the grass that suffers”.

  3. Big Elk
    Posted March 24, 2008 at 6:01 pm | Permalink

    Wow, great saying!

  4. Big Elk
    Posted March 24, 2008 at 6:02 pm | Permalink

    Isn’t that wild about the crown prince headline in that paper at the same time as well?

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