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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: TraderC who wrote (7477)6/3/2004 5:10:47 PM
From: DOUG H  Read Replies (1) | Respond to of 116555
 
Fallout? What fallout?

The huge transfer of wealth between insider shareholders who cashed out and are living in McMansions(which includes ALL employees working under option arraingements) and Mom and Pop Lunch Buckets who got sold the "all is well, this is forever" scenario by Wall Street and the Admin at the time.

To his credit, Mish was one of the voices early on who took a lot of crap calling the bubble for what it was.