April 16, 2010
Obscuring Negligence and Crime
[From article]
"This is where famous and important people being grilled hide now: in boringness, in an opacity of language so thick that following them is actually impossible.
[. . .]
“Language served a different purpose inside the bond market than it did in the outside world. Bond market terminology was designed less to convey meaning than to bewilder outsiders. . .
[. . .]
“The subprime mortgage market had a special talent for obscuring what needed to be clarified.”
http://www.peggynoonan.com/
After the Crash, a Crashing Bore
The men behind the bailout take refuge in impenetrable jargon.
Peggy Noonan
The Wall Street Journal
April 9, 2010
"This is where famous and important people being grilled hide now: in boringness, in an opacity of language so thick that following them is actually impossible.
[. . .]
“Language served a different purpose inside the bond market than it did in the outside world. Bond market terminology was designed less to convey meaning than to bewilder outsiders. . .
[. . .]
“The subprime mortgage market had a special talent for obscuring what needed to be clarified.”
http://www.peggynoonan.com/
After the Crash, a Crashing Bore
The men behind the bailout take refuge in impenetrable jargon.
Peggy Noonan
The Wall Street Journal
April 9, 2010
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