I invest on and off in MO, which supposedly kills 50,000 Americans every year. I am sure you have no objection investing in McDonald's who's killing fields in the US, and soon abroad, are probably 10 times as big (20 times as many people die every year from obesity related ailment then smoking, and those fatty hamburgers are not a small contributor). People invest in KO despite the act that their lacing of their soft drinks with phosphoric acid is probably a major contribution to osteoporosis. Now these are actual "moral hazards", not the fanciful "fraud" allegation which you have been harping and whining about till deridation. Just get off your high horse and try and make some money.
You may want to start a thread recommending "Moral Investing", you'd better be ready to brush up on ethics and bioethics as well. Here are some companies you may want to condemn, CRA (gene mapping will bring about horrendous genetic engineering feats) and all other genomics and proteomics companies, Monsanto for competing with G-d in creating new forms of life, the defense industry for seeding death and destruction, the pharmaceutical industry for advertising their goods and inducing over utilization of their drugs. Of course, you should not forget tobacco, alcohol and the gambling industries. Add to that the mining and construction industries for killing their employees here and there, the computer industry (and by association all its suppliers, including the semis and of course Rambus), for perpetrating C.T. syndrome. The chemical industry (and UK's Bophal) should not be forgotten, the big oil companies (including Exxon and its Valdes fiasco), and of course, all other "merchant" of death as well.
For you, the defender of Infineon, a descendent of the "morally clean" Siemens, to come up here on "high moral grounds", is travesty to the concept of morality. Stop while you are ahead, your arguments are vacuous and not worth rational deliberations.
Zeev |
