Quote of the Year
The winning entry comes from Jacob Frenkel, top economist for money pit insurer AIG. Speaking at Davos earlier this year about the economy, he proclaimed economic prospects for the second half of 2008 quite good, adding: “When you’re in a stormy sea, the critical question is to ask how strong is my vessel .”
Pity Frenkel didn’t think to run that same analysis on AIG.
About Helaine Olen
I am the voice of The Bills, a column about the intersection of money and life, at Slate. At Inc., I contribute to the Spread the Wealth personal finance column. My work on politics, economics, workplace culture and women’s issues has been published in numerous other print and on-line publications, including The New York Times, The Wall Street Journal, The Washington Post, The Atlantic, Salon, Pacific Standard, and The Los Angeles Times, where I wrote and edited the popular “Money Makeover” feature.
I'm the author of the critically acclaimed book Pound Foolish: Exposing the Dark Side of the Personal Finance Industry, and The Index Card: Why Personal Finance Doesn’t Have to be so Complicated, which I co-wrote with Harold Pollack.
What else? I’m a passionate bibliophile, a fan of 1970s pop music and a lover of rummage sales. I live in New York City.
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