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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (47671)2/14/2002 11:58:26 AM
From: Jim Willie CB  Read Replies (2) of 65232
 
some growing disdain for wealth creation... troubling
it seems the media and individuals alike are moving toward a position where any wealth obtained is illgotten and somehow tainted
I dont like this trend
MacAuliffe may have done nothing wrong
I dont know

if Global Crossing's Winnick only built far too aggressively, overusing debt, overpaying for acquisitions, and sold at the top, then good for him
but that aint illegal
did he know GX would fail?
who did?

Enron seems like a trueblue collusion conspiracy sham
but not all failing corporations are shams
recessions take good and bad down
I am wondering though about the proximity from Anderson's HQ and Mafia HQ in Chicago

ATT failed... any inquisition of Armstrong?
he got wealthy during its slide demise-to-be

Cisco lost $400 billion in value
did Chambers sell $50M at the top?
not illegal
just maybe he is full of shit, was full of shit, and continue to be full of shit about growth prospects

making money is not illegal
I hope we dont turn wealth creation into a crime in USA
bad trend, but understandable
/ jim
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