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

To: Knighty Tin who wrote (90619)	4/12/2001 10:28:11 AM
From: phbolton	Read Replies (1) \| Respond to of 132070

very scary story: By Damien Cave April 12, 2001 \| It's 1999, the stock market is climbing and a San Francisco hip-hop artist wants to get in. The 31-year-old -- call him "Justin" since he prefers anonymity -- doesn't have any extra cash, but he does have credit cards. He writes a Visa check, opens a Charles Schwab account and gets to work. At first, he doesn't spend much money. He invests $2,000 in an Internet music start-up, cashing out when it returns almost twice its value. But soon, the easy money of the market becomes too attractive to pass up. Justin ratchets up the stakes. He aims for highflying quick hits -- mostly dot-coms -- and by the middle of 2000, he has used a dozen credit cards to buy $70,000 in stock. the rest is at salon.com if you have the stomach for it!