Zeev's Turnips - No Politics Message Board

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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Softechie who wrote (88896)	7/1/2002 10:58:04 AM
From: SOROS	Read Replies (2) of 99280

I don't think everyone realizes that most of the volume comes from the stocks that are reported to have the most fraud on overstating earnings and understating losses. When these come to light, the markets, and a lot of mutual funds will be in serious trouble. The lure of the dollar was too great in a country with NO conscience for 8 years under Clinton's watch. Corporate America lapsed into total FRAUD, and that is the ONLY reason the mutual funds are where they are. History is not to be ignored. New eras do not erase human nature, nor the punishment for FRAUD. And bubbles created from fraud always disappear. I remain, SOROS

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