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To: IBD editorial writer

IIRC Slick ran a ‘game’ with the help of Goldman Sax to keep the Stock Mkt stoked.
And in the last year of his reign things started to unravel.


22 posted on 05/17/2016 5:06:03 AM PDT by Vinnie
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To: Vinnie
"IIRC Slick ran a ‘game’ with the help of Goldman Sax to keep the Stock Mkt stoked."

Add Newt and the boys in a way. Do you remember the disparity in rates between Dividends and Capital gains? Divee's were @ your Marginal Rate, yet under Newt, Cap Gains were 20%. So you were making in 100k in 1999, you told your broker to chase the cap gains in petfoodsonline.com type BS to pay 20% cap gains vs. 39.6% on your Divee's if you were making 100k or greater. So owning Utilities then was just so uncool....

27 posted on 05/17/2016 5:53:44 AM PDT by taildragger (Not my Monkey, not my Circus...)
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