Replies

Everyone knows someone nice at a corrupt firm. That doesn’t mean you use misplaced compassion to keep it going.

I suppose you would have said the same stupid thing on behalf of Enron, had you known someone there.

Use your head.

47 posted on 10/10/2008 6:04:47 PM PDT by ConservativeMind (The LA Times, 10/6/08, was told to cut "75 editorial positions." How many are needed for 2 pages?)

54 posted on 10/10/2008 6:22:38 PM PDT by Guenevere (We will NOT collapse.The New World Order WILL collapse.This is our last chance!)

suppose you would have said the same stupid thing on behalf of Enron, had you known someone there.

Everyone knew great people at Enron! Probably fewer know great people at Morgan Stanley. Enron and Worldcom corruption was simply a President 'lengthening his shadow' because he could (and lotsa Algore lawyers)! This market may be a continuation of that theme (same President and Treasury Secretary)IMHO! With the final straw being the addition of 'mark-to-market'. Stephen Forbes said it best (on Fox) "If we had 'mark-to-market' in the 1992 recession, 'the Next Great Depression' would have begun then".