Finance & Investing
LARRY KUDLOW, Economist and syndicated columnist.
What He Said: “With the U.S. dollar up and oil down and businesses investing, I think [the] Goldilocks [economy] is back in business.” – August 28,2008 CNBC’s Kudlow & Company
What Happened Next: Several weeks later Lehman Brothers filed for Chapter 11 bankruptcy protection and signed an agreement to be taken over by Barclays PLC.
What He's Saying Now: “Who knew about Lehman, AIG and the LIBOR [interbank-lending] freeze? But we will see Goldilocks again.”