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123 " In many ways the effect of the crash on embezzlement was more significant than on suicide. To the economist embezzlement is the most interesting of crimes. Alone among the various forms of larceny it has a time parameter. Weeks, months, or years may elapse between the commission of the crime and its discovery. (This is a period, incidentally, when the embezzler has his gain and the man who has been embezzled, oddly enough, feels no loss. There is a net increase in psychic wealth.) At any given time there exists an inventory of undiscovered embezzlement in — or more precisely not in — the country’s businesses and banks. This inventory — it should perhaps be called the bezzle — amounts at any moment to many millions of dollars. It also varies in size with the business cycle. In good times people are relaxed, trusting, and money is plentiful. But even though money is plentiful, there are always many people who need more. Under these circumstances the rate of embezzlement grows, the rate of discovery falls off, and the bezzle increases rapidly. In depression all this is reversed. Money is watched with a narrow, suspicious eye. The man who handles it is assumed to be dishonest until he proves himself otherwise. Audits are penetrating and meticulous. Commercial morality is enormously improved. The bezzle shrinks.



Just as the boom accelerated the rate of growth, so the crash enormously advanced the rate of discovery. Within a few days, something close to a universal trust turned into something akin to universal suspicion. Audits were ordered. Strained or preoccupied behavior was noticed. Most important, the collapse in stock values made irredeemable the position of the employee who had embezzled to play the market. He now confessed. "

John Kenneth Galbraith , The Great Crash of 1929

126 " We can understand why one of the titles given to Jesus is that of ‘prophet.’ Jesus is the last and greatest of the prophets, the one who sums them up and goes further than all of them. He is the prophet of the last, but also of the best, chance. With him there takes place a shift that is both tiny and gigantic – a shift that follows on directly from the Old Testament but constitutes a decisive break as well. This is the complete elimination of the sacrificial for the first time – the end of divine violence and the explicit revelation of all that has gone before. It calls for a complete change of emphasis and a spiritual metamorphosis without precedent in the whole history of mankind. It also amounts to an absolute simplification of the relations between human beings, in so far as all the false differences between doubles are annulled – a simplification in the sense in which we speak of an algebraic simplification.
Throughout the texts of the Old Testament it was impossible to conclude the deconstruction of myths, rituals and law since the plenary revelation of the founding murder had not yet taken place. The divinity may be to some extent stripped of violence, but not completely so. That is why there is still an indeterminate and indistinct future, in which the resolution of the problem by human means alone – the face-to-face reconciliation that ought to result when people are alerted to the stupidity and uselessness of symmetrical violence – remains confused to a certain extent with the hope of a new epiphany of violence that is distinctively divine in origin, a ‘Day of Yahweh’ that would combine the paroxysm of God’s anger with a no less God-given reconciliation. However remarkably the prophets progress toward a precise understanding of what it is that structures religion and culture, the Old Testament never tips over into the complete rationality that would dispense with this hope of a purgation by violence and would give up requiring God to take the apocalyptic solution by completely liquidating the ‘evil’ in order to ensure the happiness of the chosen. "

René Girard , Things Hidden Since the Foundation of the World

128 " Fourth, I paid attention to every detail I could while working on my cases. I found that one of the most ironic facets of the law is that the correct answer to a problem often rests on small legal nuances and factual details. The presence or absence of a particular fact can frequently make or break the case. The senior attorney I worked for, Brad, was extremely adept at assimilating large amounts of information quickly, paying close attention to details, and using his mastery of them to weave brilliant defenses. His ability to identify the most critical of details while constructing solid defenses always impressed me, and I tried to emulate that particular skill.
Fifth, I was conscientious about creating good first impressions. As I later learned, lawyers who work with new summer and permanent associates virtually always form quick conclusions about them, and give “hallway evaluations” to other lawyers in the firm. I often heard about or participated in these hallway evaluations, and know that even one negative impression can have a devastating impact. In general, young attorneys who get a reputation for sloppy work – earned or unearned – have a very steep climb up the law firm ladder.
Sixth, I was vigilant about meeting deadlines, every time. This meant I had to carefully plan ahead, since partners, colleagues, clients, courts, and other parties often rely on assignments and legal services to be performed by a certain time. With the workload I had, and the interruptions I faced, of course this wasn’t always possible, and in those situations I found the best route wasn’t just to tough it out, but rather let the supervising attorney know as early as possible if I couldn’t meet a deadline.
I learned this lesson the hard way. My first assignment as a summer associate was to research whether we could squeeze one of our clients into an exception to a well-settled legal doctrine. The senior attorney who gave me the assignment asked me to research the issue and then get back to him by Friday afternoon. I just didn’t feel comfortable with my research when Friday afternoon came around, and decided to buy some additional time by letting him contact me. He didn’t try to reach me Friday afternoon, so I took advantage of that and submitted the assignment on Monday. The incident later came back to haunt me, though, because in his evaluation of my work for my midsummer review, he mentioned that I didn’t report to him by the established deadline. "

, Proceed with Caution: A Diary of the First Year at One of America's Largest, Most Prestigious Law Firms