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To: LLCF who wrote (13947)1/26/2002 4:57:53 AM
From: elmatador  Read Replies (1) | Respond to of 74559
 
<<first of all ENE's business model wasn't anything like virtually ANY other company.>>
Tha's exactly the point I am trying to make. Somehting first thought out and put into to real life trial. That's what the US business environment is good for. An environment that is not much replicated elsewhere.

<<Who's indicting the 'business model'>> YOu and everybody else. But now that I brought the issue, you made a dictinction. This distinction was not being made.

<<What if Enron had succeeded, like many business models originated in the US?> I had the answer already when I worte the original posting. Had ENE succeeded, everyone would be cashing in on and no one would be looking at their books.

<<You could argue the mafia is 'succeeding'.>> No. I couldn't. But J.K. Galbraith don't call John Pierpoint Morgan (J.P. Morgan) and the steel and oil tycoons of early last century "Robber Barons" for nothing. But they suceeded, didn't they?