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That Financial Dawn, We Slept

Posted by: Tom Keene on December 6, 2011

Factual error: The nurses are wearing far too much make up when on duty: bright red lipstick, eyeliner, mascara and blusher expertly applied. Military medical nurses are allowed subtle skin tone make up and surgical nurses none at all. It’s always been that way, right back to the 1890s when the British Army first hired nurses.

Pearl Harbor (176 Mistakes), Jon Sandys at

There was no mistake. I had given a speech in Tokyo, a day after interviewing John Dower on Hiroshima. The gentleman economist approached me and asked, in proud and fractured English, if I could come with him.

Minutes later, I was six stories up, overlooking the Imperial Gardens. General MacArthur’s offices are shockingly extant.

They were wide awake in 1945.

The eyeliner, mascara and blush of our collective elite is palpable. Choose Paris, Brussels or any given Washington.

They are wide awake in Athens, Greece and Peoria, Illinois.

My father stared into the muggy and oil-slicked distance. He, tall, as the Japanese tourists swirled in reverential silence, considered Gordon Prange’s life work and the ghosts of those twelve-years older than him.

We make mistakes making movies. We made mistakes, a sequential and clumsy set of mistakes, 72, 71 and 70 years ago.

We are wide awake this December 7, 2011.

On an August summer’s morning in 2007, as the TED spread went 4-standard deviations wide, that financial dawn, we slept. Discuss.

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EconoChat captures Tom Keene's thoughts on economics, finance and investment. He is editor-at-large for Bloomberg News and hosts Bloomberg Surveillance and Bloomberg on the Economy on NYC1130, Sirius 129 and XM 130 and Surveillance Midday on Bloomberg Television. His complete interviews are at Tom Keene on Demand. Look for Tom on twitter @tomkeene

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