Mae West

Recently, the newspapers and the evening news have both reported extensively on the financial problems plaguing certain real estate developers in the Middle East. The extent of the credit problem may approach a figure that is eerily similar in scope to the Bernie Madoff scandal which was also fueled by the irrational exuberance of investors. The former crisis may yet be resolved by the timely intervention of the local banking system, while the latter is unlikely to ever be reconciled to anyone’s satisfaction.

Yesterday I was watching TV and happened to catch a few minutes of a classic Mae West movie – My Little Chickadee. I was reminded of one of Mae’s favorite lines: “too much of a good thing is never enough”! I wonder if that bird would be singing the same song today.