Thursday, July 4, 2019

Christine Lagarde's 'Lehman Sisters' principle

Christine Lagarde, who has been nominated to be the next President of the European Central Bank, once said that had it been Lehman Sisters rather than Lehman Brothers there may never have been a worldwide recession.

Imagine how healthy the Catholic Church could be today if Largarde's Lehman principle applied.

It is embarrassing.

No comments:

Featured Post

Will TDs lose a day's pay on Wednesday?

 A letter in The Irish Times yesterday: No Dáil sitting on Wednesday? Sir, – There will be no Dáil sitting on Wednesday as more than 100,000...