SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: Softechie who wrote (88896)7/1/2002 10:49:58 AM
From: SOROS  Read Replies (1) | Respond to of 99280
 
Here is the TRUTH and it will come out. Then, the DOW, the S&P, the Nasdaq will ALL go back to the valuations which are appropriate for reality, NOT FRAUD.

news.independent.co.uk



To: Softechie who wrote (88896)7/1/2002 10:58:04 AM
From: SOROS  Read Replies (2) | Respond to of 99280
 
I don't think everyone realizes that most of the volume comes from the stocks that are reported to have the most fraud on overstating earnings and understating losses. When these come to light, the markets, and a lot of mutual funds will be in serious trouble.

The lure of the dollar was too great in a country with NO conscience for 8 years under Clinton's watch. Corporate America lapsed into total FRAUD, and that is the ONLY reason the mutual funds are where they are. History is not to be ignored. New eras do not erase human nature, nor the punishment for FRAUD. And bubbles created from fraud always disappear.

I remain,

SOROS