23 Sep 2008

Frederic Mishkin, Standup Comedian

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A CNBC article had the headline: “Top Economist Mishkin: Worse Than the Depression” so I clicked on it. The piece contained two hilarious one-liners:

Economics scholar and former Federal Reserve Governor Frederic Mishkin says the shock that continues to rip through the nation’s economy is actually worse than what was felt during the Great Depression.

“The difference is, we have people on the ball,” the Columbia University professor told CNBC.

“We have Hank Paulson, who understands what Wall Street is all about, and in fact the dangers that are lurking there…” Mishkin said.

(Note that Mishkin probably didn’t intend for these quotes to generate mirth.)

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