Posted on 07/01/2002 9:25:20 AM PDT by Pokey78
Edited on 04/13/2004 2:40:26 AM PDT by Jim Robinson. [history]
LITTLE DID WE know just how irrational our exuberance was.
WorldCom seemed cheap at $65 a share, uberhausfrau Martha Stewart made her millions selling tasteful towels and Arthur Andersen was accounting's gold standard.
In Washington, everyone pledged their allegiance to Federal Reserve Chairman Alan Greenspan.
(Excerpt) Read more at sfgate.com ...
It was Clinton who happily took credit for the boom, declaring he had crafted the winning formula for peace and prosperity, even as corporations were falsifying earnings and Osama bin Laden was blowing up embassies.
The story in a nutshell.
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