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Strategies & Market Trends : Moufassa's Lair
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To: DlphcOracl who wrote (4620)2/6/2002 9:57:46 PM
From: moufassa7   of 13660
 
I think this whole situation is an extension of the 90's mentality. Our country had immoral leadership. From a sleazy scandal involving a young intern to "renting" the Lincoln bedroom for political cash. Financial engineering took root and flourished in this anything goes for cash mentality. When the leader side stepped responsibility for his action by asking what "is" is, should we be surprised that corporate leaders stretched their financial fantasies to absurd limits? No questions asked, a wink and a nod, another million dollar fee. Borrow and spend, borrow and spend, now the piper must be paid.
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