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Strategies & Market Trends : Value Investing

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To: Madharry who wrote (16717)3/31/2003 6:47:17 PM
From: Paul Senior  Read Replies (1) of 78661
 
My opinion regarding HealthSouth is different from those on this thread.

I see now where the avoid signal or sell signal is. Had I noticed it earlier, I believe I might have avoided the stock.

It's Scrushy himself.

With a name like that mated to a pompadour like his and his 'stache, man, it's obvious he had to be a bad guy in a bad melodrama.

forbes.com

Should have known you couldn't trust a man who looks like that to run a big corporation.

And from that same Forbes link: About today's news of Dr. Waksal not paying "as much as $60,000,000" in capital gains taxes: It might work out okay for the state/fed. governments: Waksal's former company, ImClone is now on the hook to pay at least $23M of it. I guess that's just what happens when "somebody" at corporate "forgets" to issue at W-2 and the government catches the "error".
I just cannot understand how these people let their greed or chutzpah or arrogance or whatever it is run so amok in their already-so-weathly lives. Were these crooks always crooked their whole lives and it's only now that they are being investigated? Or is it that being in the vicinity of large sums of money and big doses of power is itself so corrupting of some people?
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