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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: benwood who wrote (68100)8/11/2006 9:27:42 PM
From: shades  Read Replies (1) of 110194
 
Greenspan was the enabler in a sense,

I would not lay it all on his shoulders - many in the corporate world since the early 80's were pushing for outsourcing in all kinds of areas. I remember talking to GM folks who were worried about Japanese types and the only way they saw surviving was going to mexico for cheap labor on certain parts - it just grew from there to the whole damn car - hehe.

to the silk-lined pockets of the the pirates at the helm who've split Brasila Americana for international waters.

The long arm of the IRS tax man is an amazing thing - perhaps Black Beard will be hanging headless on display for all to see instead of a happy retirement? Herb Greenberg just told dylan ratigan the gubbment could take this options backdating and lock up many fine CEO's like steve jobs who really shouldn't be punished - if you had told me 10 years ago martha stewart was going to be a jailbird I would have been very skeptical. Phil says at the end of this there is gonna be a lot of people locked up to quell the social unrest that is coming. Ken Lay found a way out eh?
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