Feb

6

At the Metropolitan Club and University Club on Fifth Avenue, it was customary for the older members to sit by the window, and frown at the shortness of the women's skirts. "There should be a law against it". When the women covered up there was aplomb. The old codgers at Davos were very concerned that people of color were being hurt in the emerging markets. They had to do something about it. One can imagine that at private meetings at the slope shortly after Davos closed down, they buttonholed the members of the centrals, and the other big world operatives and demanded that something be done to help the poor, to create a more egalitarian society. With the S&P up 16 today there must be much patting oneself on the back going on over there.


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