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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: TobagoJack who wrote (39066)10/1/2003 8:52:31 PM
From: elmatador  Read Replies (1) of 74559
 
When amateurs try to do things that professionals do the result is catastrophic. All that creativity that is required to do business all over the world, all that grease that makes the economic world go around no longer is possible. This new development, is now harming the economy.

I explain.

Before all the deals were possible by using creative ways to make business possible. The Germans, Scandinavians, the French, Austrians, Dutch are masters on that. This was done all over the world and was standard procedure. Until the US stepped in and screwed up. First the US steps in banning creativity. The businesses reacted by putting Kiwis, Australians Canadians whatever, as CEO of their companies abroad, to protect the US citizens, who if put in those positions would be jailed.

The result was good. Then they, clumsily, tried to do it INSIDE THE US!! but have no finesses or savoir faire, result: ENRON and WCOM.

Now we are trying to get some creative finance. To no avail: The reply is: look three years ago we would do it without any problem. Now it is not possible. Al problems are related to how the deal will appear in the books. You see!! I want to talk with the Chinese from Huawei now. Perhaps they will be more "aggressive"
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