Alan Greenspan MUST GO: Message Board

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Pastimes : Alan Greenspan MUST GO:

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To: Master (Hijacked) who wrote (386)	6/19/2001 9:23:23 PM
From: BWAC	Read Replies (1) of 494

I don't doubt it. Unreal the scam that has been pulled on people. All aided by Greenspan in both directions. Just unreal. He provided the fuel for the rise, and he provided the ammo for the scam artists to leave everyone hanging. And the worst part is the cycle will begin again shortly, but a whole new bunch of people will fall into the scam. Three things I can't for the life of me figure out: 1.) Why didn't somebody stop Greenspan. Further when He realized his mistake and the dire consequences it had set in motion, why didn't he round up the powers that be to get it stopped and turned around before the panic set in? 2.) Why would anyone ever trust a broker, analyst, or old brokerage house again with one thin dime of money? Who regulates these thiefs? Where is the accountability? No other regulated profession could get away with what was done. Why have they? 3.) Why somebody would fall all over themselves to pay 30 times revenue and 300 PE for a stock, but won't buy same said stock right now today at 2 times revenue and 10 times severely reduce earnings expectations? Why is this?

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