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Strategies & Market Trends : Zeev's Turnips - No Politics
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To: Justa Werkenstiff who wrote (87835)6/28/2002 8:20:10 AM
From: orkrious  Read Replies (1) of 99280
 
is no difference between what they are doing and what the WCOM CFO did.

their actions may have been similar, but there is a big difference. The WCOM CFO was employed by the shareholders, and the shareholders made a conscious decision to buy WCOM stock. They did not knowingly buy a fraudulent company, but they did buy the stock. The PPT on the other hand is employed by the taxpayers. The taxpayers are being screwed without ever having made a comparable decision.
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