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Thus the only Goldman Sachs employee arrested by the FBI in the aftermath of a financial crisis Goldman had done so much to fuel was the employee Goldman asked the FBI to arrest.

But at the same time he was filled with fear. He did not know what his selection meant. He did not know what he was to become. Or what would become of him.

"Liquidity" was one of those words Wall Street people threw around when they wanted the conversation to end, and for brains to go dead, and for all questioning to cease.

His feelings were too complicated this evening. He wanted to shared them, but wasn’t eager to begin the process of sifting through his own complicated emotions, even with the help that he knew his parents could give.

The relationship of the big Wall Street banks to the high frequency traders, when you think about it, was a bit like the relationship of the entire society to the big Wall Street banks. When things went well, the HFT guys took most of the gains; when things went badly, the HFT guys vanished and the banks took the losses.

If everything's the same, then there aren't any choices! I want to wake up in the morning and decide things!

But today we honor your differences.They have determined your future.

People who had lived without government were more likely to find meaning in it. On the other hand, people who had never experienced a collapsed state were slow to appreciate a state that had not yet collapsed.

Now he saw another elephant emerge from the place where it had stood hidden in the trees. Very slowly it walked to the mutilated body and looked down. With its sinuous trunk it struck the huge corpse; then it reached up, broke some leafy branches with a snap, and draped them over the mass of torn thick flesh. Finally it tilted its massive head, raised its trunk, and roared into the empty landscape.

If your ambition is to maximize short-term gain without regard to the long-term cost, you are better off not knowing the cost. If you want to preserve your personal immunity to the hard problems, it's better never to really understand those problems. There is an upside to ignorance, and a downside to knowledge. Knowledge makes life messier. It makes it a bit more difficult for a person who wishes to shrink the world to a worldview.

No one mentioned such things; it was not a rule, but was considered rude to call attention to things that were unsettling or different about individuals.

His mind reeled. Now, empowered to ask questions of utmost rudeness-and promised answers-he could, conceivably (though it was almost unimaginable), ask someone, some adult, his father perhaps: "Do you lie?" But he would have no way of knowing if the answer he received was true.