Faith and Finance

Edouard d’Archimbaud works in Paris – but that’s not what he’d planned. Exactly a year ago he was excited about starting a successful new career – at Lehman Brothers in London. Little did he know, his first day would also be his last. As he walked up Lehman’s steps, the firm filed for bankruptcy which sparked a near-collapse of the global financial system. [Edouard dArchimbaud, Former Lehman Employee]: “I arrived in front of the building, there were lots of journalists, some policemen and so on, so I told myself ‘oh that’s strange’ but I didn’t know at that moment that Lehman had fallen into bankruptcy.” Thousands of Lehman employees lost their jobs and d’Archimbaud suddenly had to rethink his career. [Edouard dArchimbaud, Former Lehman Employee]: “I was really disappointed because I had prepared everything for a life of several years in London. I had a farewell party in Paris. I had found a flat and had many friends in London….there was nothing I could do about it, so I told myself ‘never mind, let’s focus on the future’.” A year on, after working for French bank Credit Agricole in Paris, d’Archimbaud said he is “beginning a new life”. He’s created a company called Doppio Software which helps companies cut costs. Today all that remains of his short experience at Lehman is the briefcase he was given. He would consider another job in London, but he says his new career looks promising, particularly as he now helps companies avoid bankruptcy.

Question by Mirack Obomney 2012: Can someone explain Biden rationale that you must spend money to avoid bankruptcy?
Yesterday Vice President Joe Biden said the following to the Associated Press about the $ 787 billion stimulus plan:

“We’re going to go bankrupt as a nation.”

“People, when I say that, look at me and say, ‘What are you talking about, Joe? You’re telling me we have to go spend money to keep from going bankrupt?” he said. “The answer is yes.”

http://www.bostonherald.com/blogs/news/lone_republican/?p=587&srvc=home&position=recent

michael p………….when you don’t like the info, attack the source. Classic

Best answer:

Answer by Larry S
if you don’t spend 100 grand you can’t spend 99 grand

Add your own answer in the comments!