To:Craig Freeman who wrote (22107)
From: Ausdauer Wednesday, Jun 26, 2002 8:36 PM
View Replies (1) | Respond to of 22133
Craig, from the height of investor euphoria in 2000...
...to the depths of investor distrust today, this has been a rough ride.
Hard to feel much compassion for Bernie Ebbers. I heard tonite that he has
a guaranteed $1.5 million dollar salary for life. What a sham this WCOM
business turned out to be. Sooner or later some 30+ year employee --who
wakes up to find a life-long dedication to their company yielded no
retirement to fall back on-- is going to go ballistic and take out one of
these high flying ex-CEO's. That is going to be the next major headline.
Actually, I am surprised it hasn't happened yet.
And how the hell does Martha Stewart try to justify her actions. How greedy can
you get, really? OK, and the ImClone CEO is schtupping her daughter and Martha's market
timing just happens to be perfect??? Get real. Well, maybe good old Martha
can think of a way to dress up the black and white stripped outfit she'll be sporting
soon. Seems like someone has it out for her. Makes for good drama.
And, yes, pessimism is driving the market down. Even the WCOM news triggered
a sell-off and the stinking company is trading at 83¢ a share. Go figure.
It will take a lot to restore investor confidence at this stage.
Aus |
