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To: reaper who wrote (162020)4/25/2002 9:43:17 AM
From: reaper  Read Replies (1) | Respond to of 436258
 
Tyco turning into the Bill Clinton of corporate America. Now they're NOT breaking up. UFB.

Thursday April 25, 8:42 am Eastern Time
Reuters Business
Tyco Abandons Break-Up Plan, Posts Loss
biz.yahoo.com



To: reaper who wrote (162020)4/25/2002 9:48:12 AM
From: Oblomov  Read Replies (2) | Respond to of 436258
 
>>the way out of this mess is re-flation.

If you are a demagogue interested only in short-term economic well-being, then yes.

If long-term economic health is the goal, then the better course would be to let the uneconomic investments be liquidated. This happened to a large extent in the 1930's US, and it happened several times in the 19th century US, to a positive long-term effect.



To: reaper who wrote (162020)4/25/2002 10:34:50 AM
From: ild  Read Replies (1) | Respond to of 436258
 
AMERICREDIT CUT TO 'HOLD' AT A.G. EDWARDS