No, PT, I don't think that EDIG is a fraud.
However, there is a thin line between optimistic statements and fibs.
IMO, EDIG walks that line.
Every PR is carefully crafted. Their ommissions are more interesting than what they say. Numbers are seldom specific, but expressed in "digits". Details are conveniently left out.
No lies are told.
But little truth.
No, I don't think the run-up of EDIG was engineered by a fraudlent scheme on the part of the company. I think it was a product of an over-heated market, and the optimistic wishes and dreams of a gullible public, which is still yet to pay the full price of it's naive' over-enthuisiasm.
In fact, not only don't I beleive that management engineered it, I rather suspect that they were surprised - taken aback.
But once they recognized what was happening, IMO, they allowed their adoring public to believe what they wanted to believe.
On the other hand, even you will admit that that OTHER company - your FORMER love - the one in Smelly El Segundo, was - no qualifications - an out-and-out fraud.
You were completely taken in by the fraud. So much so that you unwittingly became a part of it - a tool of management.
Your defense of that fraudulent operation was a valiant as your defense of this one - right up to the moment that you knew you'd been had.
So, while, no, I see no evidence of fraud in EDIG's actions, I can't help but be reminded that history repeats itself - that those that are vulnarable are repeatedly vulnarable.
And I have to look at the canary in the coalmine - now wheezing in the bottom of it's cage. I have to look at that poor little PT canary - so mercifully rescued from the last disaster - and wonder.... I reach for the oxygen mask, just in case... |
