Smart is not the same as Wise!
I n October 2008, the world entered into a recession unequaled since the Great Depression of 1929. Many people, including economists, thought that such a recession was no longer even possible. What made the recession particularly odd is that it came after, not before, investment banking started attracting the best and the brightest among the graduates of the top universities in the world. How could such smart people have created so much misery for so many people? Even more curiously, how could these smart people have then tried to profit from the misery they created, so ignorant of its repercussions that the CEO of Goldman Sachs, Lloyd Blankfein, referred to the company as doing "God's work?" This was the same company that later was revealed to be betting its own funds against the funds of clients who paid Goldman Sachs for financial advice. Smart people can be so stupid, or to be exact, foolish, because they are unwise. Having intelligence is not the same as bei...