Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: portage who wrote (15494)	2/23/2002 1:55:00 PM
From: Maurice Winn	Read Replies (1) of 74559

<Ah, you must mean the CEO's with hundreds of thousands of free stock options, domination of the BODs, trading on inside information and selling their stock back to the company (we find out much later), and plenty of money to grease the politicians' palms, and who are recipients of retention bonuses when they drive their companies into bankruptcy. I can think of a few. Or were you just talking about Wall Street analysts ? > Hahah!! Well, we could throw the politicians with their government departments in there. It's really only the government-related things that bug me [and the frauds, criminals etc including crooked CEOs, brokers etc] because they are the ones with power. The rest of us deal with each other on a voluntary basis [that excludes lawyers, doctors and others who run government-backed cartels, guilds and 'members-only' clubs protected by government edict, police and armies]. About half the economy [and more in many countries] is consumed by confiscatory crooks. Mq

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