Three Soviet prisoners were put into the same jail cell. The first said, "I was always late to work, so I was accused of stealing from the people."The second said, "I was always early to work, so I was accused of brown-nosing."
The third said, "I was always on time to work, so I was accused of wearing a Western watch!"
The U.S. equivalent:
Three executives convicted under anti-trust law were sitting at the same table in the prison cafeteria. The first said, "I charged more than others and was convicted of price-gouging."
The second said, "I charged less than others and was convicted of predatory pricing."
The third said, "I charged exactly the same as everyone else and was convicted of collusion!"
Originally from the pit at Tradesports(TM) (RIP 2008) ... on trading, risk, economics, politics, policy, sports, culture, entertainment, and whatever else might increase awareness, interest and liquidity of prediction markets
Monday, April 14, 2008
East meets West; all imprisoned
Joke of the day via Don Luskin:
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