Tuesday, February 7, 2012
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Investing Wit and Wisdom

"Lord,
Thank you for giving me this opportunity to become wealthier beyond my wildest expectations. But Father, as I acquire this wealth grant me the wisdom to manage it in a way that honors you. Help me to control my greed and keep me humble Father, as I know what great wealth can do to a man. In Christ's name I pray, Amen."
-- myhypothesess

This Day In Financial Speculation History

Events

  2002 – This day in the history of scandalized businessmen: CEO Bernard Ebbers of soon-to-be-bankrupt WorldCom tells analysts, “To question WorldCom’s viability is utter nonsense. I highly recommend everyone step back and focus on reality rather than the fear factor.” Elsewhere today in sworn testimony to a House subcommittee, Enron mastermind Jeffrey K. Skilling confides, “On the day I left, I absolutely and unequivocally thought the company was in good shape.”


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