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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Tom Clarke who wrote (218124)1/14/2002 11:21:26 AM
From: DMaA  Respond to of 769667
 
We have seen a major shift in the "Too Big To Allow It To Fail" doctrine with the new administration - which is nice.

two Harvard economists ran a hedge fund into the ground in 98 or 99 and had to be bailed out.



To: Tom Clarke who wrote (218124)1/14/2002 11:30:36 AM
From: goldworldnet  Read Replies (1) | Respond to of 769667
 
Are you referring to Long-Term Capital Management (LTCM) ?

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To: Tom Clarke who wrote (218124)1/14/2002 2:26:54 PM
From: Gordon A. Langston  Respond to of 769667
 
Gov. Gray Davis said his state was over-matched by the wily energy traders of Enron and others, yet these guys eventually failed like the Nobel-Harvard economists. Intellects are becoming quite a scourge on society


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