Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: RealMuLan who wrote (60443)	2/20/2005 3:57:22 PM
From: Mark Adams	of 74559

It was a rather dark article- not something I'd normally pass along. It wasn't so long ago that Li sold off a stake in CIBC, then funded a foundation with a relatively large grant. At the time, some speculation concerned the potential tax offsets generated by the move might presage further moves out of other Canadian companies (?Husky?). I haven't tracked the life and times of Li, and am in no position to judge. I would expect some efforts at behind the scenes technology transfers (in the name of greater prosperity for the people) given the predominate nation state and scarcity mode thinking manifest currently. Love one another and cooperate would preclude the need for such machinations, but then we do need a mechanism to deal with those predisposed to use clubs or other such means of force to disrupt our peaceful pursuit of simple pleasures.

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