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To: Raymond Duray who wrote (14468)	2/4/2002 11:49:30 PM
From: Ilaine	Read Replies (1) \| Respond to of 74559

You and I both have jaundiced views of human nature, but unlike me you have some sort of faith that government bureaucrats are able to withstand corruption. I believe that everyone is subject to corruption, and that the only full recourse in the event of corruption is a jury of disinterested men and women who are ready, willing, and able to slam wrong-doers to the full extent of the law. Jay, or someone else, may point out that even juries and judges take bribes. There's no easy or sure answer, with that, I agree.

To: Raymond Duray who wrote (14468)	2/5/2002 10:31:33 AM
From: AC Flyer	Read Replies (1) \| Respond to of 74559

Raymond: You've captured my feelings about much of investment banking exactly. Back in 1988 when I graduated from B-School I went through a very difficult period because I realized that Wall Street was where the money was but could not overcome my misgivings about the morality of much of I-banking. (Talk about cognitive dissonance). Any company where talk of ripping someone's face off is part of the lexicon is a menace to society. I do not understand how the guy that Partnoy quoted could sleep at night. So I chose a career in the goods-producing sector of the economy. Unfortunately, while the morality in manufacturing is marginally better than in I-banking, the level of intelligence is markedly lower and the work is less interesting. :( So here I am, now doing my small part to destroy the US manufacturing base. I rationalize my actions as the invisible hand of capitalism, forcing my US competitors to become more efficient. Most of the time, I believe this.