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Home » Master index » TCM Insights

Scandals

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  • Add ACE to the finite reinsurance rouge accounting list
  • Ahead of Congressional Hearings, HP General Counsel Resigns
  • AIG Agrees to $1.64 Billion Settlement
  • Allegations of Fraud at yet Another Hedge Fund (Groundswell Partners)
  • Amaranth Advisors Hires Fortress Investment Group as Sub-Advisor
  • Amaranth Advisors to Sharply Reduce Staff
  • Amaranth to Liquidate All Positions
  • Amaranth: Either Sell Self Or Liquidate
  • Annette Bongiorno, Madoff Aide Falls Under Suspicion (9 comments)
  • Another Hedge Fund Fraud Results in Guilty Plea for GMM Head
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Memorable Quotes

The Common Law of Business Balance

It is unwise to pay too much, but it is unwise to pay too little.

When you pay too much, you lose a little money; that is all.

When you pay too little you sometimes lose everything.

Because the thing you bought was incapable of doing the thing you bought it to do.

The common law of business balance prohibits paying a little and getting a lot.

It cannot be done.

If you deal with the lowest bidder, it is well to add something for the risk you run and if you do that, you will have enough to pay for something better.<!--break-->

— John Ruskin

English art critic and social thinker

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Recent comments

  • Partners in Crimes. ( Update.)
    4 weeks 3 days ago
  • Thanks for sharing
    5 weeks 2 days ago
  • It seems like Annette has
    8 weeks 3 days ago
  • Well it seems like Annette
    8 weeks 4 days ago
  • Very good post, thanks a lot.
    12 weeks 1 day ago
  • I was wondering if their was
    14 weeks 3 days ago
  • Just a matter of time
    19 weeks 5 days ago
  • Bye, bye Annette
    19 weeks 5 days ago
  • Frank J. Avellino had another home in Sunrise, Florida
    20 weeks 21 hours ago
  • Why isn't Frank Avellino in
    22 weeks 5 days ago

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