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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (6224)7/23/2001 10:40:38 PM
From: Maurice Winn  Read Replies (4) of 74559
 
Yes, well, it's fitting that you mention Bre-X Jay. Bre-X was the sort of mentality that surrounds gold; barbarian cannibalistic crooks.

I suppose some fund managers did unwittingly invest in Bre-X. I wonder what the PayPal shareholding is? We don't have financial accounts available.

There are crooks everywhere, including government banks and Auditor Generals [the New Zealand one was jailed]. But I think those companies investing in PayPal will be wanting to have some oversight of the company and what it's doing. I know they won't want to be contaminated by association with a dodgy outfit.

Mqurice
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