Cavuto: Those in the Know, Clearly Don't Know Much
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Jon Corzine.
Human being.
The great oz of finance.
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Now just a clueless dude pulling cranks behind a curtain.
The upshot of a remarkable hearing this week that revealed there really never was anything remarkable about Jon Corzine, at all.
A self-proclaimed hands-on genius who essentially said, he didn't have a clue. Didn't know where the money went, where the money is, or even if they'll ever find the money again.
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Financial titan reduced to sputtering Pee-Wee Herman.
It's sad when those we assumed "in the know..."
Clearly didn't know much.
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I take nothing away from the former Goldman golden boy ... Who clearly m-f'ed up royally...
But what does that say about us and how we once treated him "like" royalty?
Another Goldman vet who was as financially savvy as you could get.
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Too smart for us.
Way better than us.
Part of an elite group of money men who with the wave of a hand, used to dismiss annoying critics like horse flies at a beach.
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Now a horse image of a very different sort.
Jon Corzine's just the latest.
I suspect he won't be the last.
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Geniuses who could do no wrong, until we discovered they could actually do a lot wrong.
Happens all the time.
Bob Rubin was a financial superstar until his passive indifference at CitiGroup damn near created a Deathstar.
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Hank Paulson smartest money man hands down ... Until a certain "meltdown."
My dad used to tell me, "Neil, stay humble, in your case it'll come in handy."
My mom had a slightly nicer spin...
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"No one's perfect," she'd say. "The fools are those who try to sell themselves off...as if they are."
Lesson learned.
But I suspect lesson forgotten.
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Such is mankind's fate. To be fooled by those who we all but fancied mankind's superior.
Oh, the humanity.
The best and brightest of us seem to forget...
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We're all part of humanity.
We're all human.
The ivy leaguers just itch more to be seen as more.
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Maybe they shouldn't try so hard.
Because they only end up falling harder.