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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Oblomov who wrote (71688)12/10/1999 10:05:00 AM
From: BGR  Respond to of 132070
 
Will you, Andrew? Well, now's the time to choose and hold on to a neighbour, as there may be fewer bankers than VCs in future; Michael Lewis (of Liar's Poker fame) claims that there is a serious (gold) rush ongoing now, from the banker to the VC camp. :-)

If all this equity created by the VCs end up worthless, I guess the end result will be similar to that of all the junk bonds created by the bankers ending up worthless in the 80's.

-BGR.


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