The quote reveals the manipulation and dishonesty involved in budgeting and financial decision-making in the government. The three men are aware that the numbers they present are not accurate, but they aim to come up with a figure that will not raise suspicion. They rely on Kashkari to use mathematical tricks to justify the final sum, highlighting the lack of transparency and ethics in their practices. This quote sheds light on the dubious tactics employed by some government officials when dealing with taxpayer money.
In today's world, where government spending and budgeting are under constant scrutiny, the quote from Andrew Ross Sorkin's book "Too Big to Fail" holds modern relevance. The concept of manipulating numbers to justify a desired outcome is not an unfamiliar one, especially in the realm of politics and finance. This practice raises questions about transparency, accountability, and ethical decision-making in public policy.
"The numbers were, at best, guesstimates, and all three men knew it. The relevant figure would ultimately be the one that represented the most they could possibly ask from Congress without raising too many questions. Whatever that sum turned out to be, they knew they could count on Interim Assistant Secretary of the Treasury Kashkari to perform some sort of mathematical voodoo to justify it." - Andrew Ross Sorkin
In this excerpt from Andrew Ross Sorkin's book, we see a depiction of how numbers can be manipulated to suit one's agenda. This raises some important questions about transparency, accountability, and integrity in decision-making. Reflect on the following questions: