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Politics : Foreign Affairs Discussion Group -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (65367)	1/10/2003 8:56:02 PM
From: Nadine Carroll	Read Replies (1) \| Respond to of 281500

If during the Clinton years and later Bush administration the administration policy would had been one of strict enforcement of SEC law we would have not witnessed the huge appreciation of "bubble stocks" and the heavy losses in the aftermath. Well, maybe. Of course the main thing that feeds the mania is belief in the "story" - tulips, stock companies, railroads, radios, the internet, whatever. Investor skepticism flies out the window and people practically beg to be lied to. There's a limit to what any regulatory agency can do against such a tide but it would have been nice to see Greenspan & co trying to do their jobs, instead of spiking the punchbowl. But I guess this is OT.

To: Haim R. Branisteanu who wrote (65367)	1/10/2003 9:07:21 PM
From: Ilaine	Read Replies (1) \| Respond to of 281500

Hi Haim - I am tempted to reply, but I won't. Much as I would like to discuss the bubble with you, it's OT on FADG. This is a moderated thread with a relatively clear set of guidelines, and I, for one, appreciate that. The Foreign Policy Discussion thread isn't moderated: Subject 53478 And there's Booms, Busts and Recoveries, and the Clown Free Zone, both of which you know the way to. Book Nook turned into a place to talk about economics, too. The thread is inactive but it would be a great place to opine about how Clinton caused the dot com mania (which I don't agree with). Subject 50984