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To: Meridian who wrote (85319)1/25/2001 10:37:03 AM
From: gamesmistress  Respond to of 95453
 
Fascinating article on history of power generator Dynergy in the CA market....the part about the "bidding" reminds me of how some stock prices went crazy...everyone wanted the stock at the same time so the price went up and up and up.

Power Suppliers See California Lose Its Golden Glow Amid Woes
interactive.wsj.com



To: Meridian who wrote (85319)1/25/2001 11:17:36 AM
From: SliderOnTheBlack  Read Replies (4) | Respond to of 95453
 
Greenspan just "defrocked" by Sen Ernest Hollings on CNBC !

... Greenspans doublespeak - hoo doo - Voo Doo accounting on "debt" just got debunked by good ole' boy Hollings.... I love it.

Greenspan will go down in history as the most reckless & "used" Fed Head in history.... Rubin was the pimp & Greenspan the whore for the investment bankers who just raped a generation of investors here via this bubble.

Derivatie abuse, the Plunge Protection Team, the ESF manipulation and the Greenspan Put; will all be decried for generations to come in business schools as the evil they are...

There will ultimately be hell to pay...