24 October 2008

Not Enough Bullets: South Korean Edition

A South Korean financial analyst, Han Sang-choon, was fired for saying that much of the losses people have experienced in the market are the result of greed:
"I reckon people haven't cashed in their funds because of personal greed and expectations (of profits)," he told an investor, according to quotes from the Friday TV show that appeared widely in South Korean media.
There is a saying, "In Wall Street, the Bears make money, and the Bulls make money, and the Pigs lose."


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