Dutch Central Bank Sale Announcement Imminent? Message Board

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Politics : Dutch Central Bank Sale Announcement Imminent?

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To: Ahda who wrote (18384)	5/24/2003 4:00:58 PM
From: sea_urchin	Read Replies (1) of 81973

Darleen > You have a new bubble then Yes, but that's all there is. There's no longer any "growth" the way it was, with companies ploughing back profits in order to generate new business and thus expand. Today, it's money chasing bullsh1t. Someone comes out with a fancy story and billions of dollars of "risk" capital are suddenly available. Then the hedge funds jump in and in one week an unknown share, which originally cost $1, is suddenly worth $50. Then it becomes an IPO and the public jump in and it's now worth $100. Then the management "pull the plug" and bail out --- and in another week the share is worth 20c. A week later, the directors are arrested and a week later they are released because of insufficient evidence. Six months later, a "conspiracy" story links them to funds which have been passed "under the table" to GWB. Of course, no-one believes the story. The SEC promises to clean up the sleaze and everyone cheers. Next week the accountants are arrested and sentenced to life imprisonment --- with hard labor --- as a deterrent to others who do not do a "proper" audit.

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