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To: BelowTheCrowd who wrote (178969)8/10/2004 4:22:45 AM
From: Amy J  Respond to of 186894
 
"newly declared computer science and computer engineering majors in the USA and Canada fell 23%."

"The USA grants only about 6% of the world's engineering degrees."

"In India, the number of students taking the Graduate Record Exam, the test required for most applicants to U.S. graduate schools, fell 56% this school year, vs. last, test administrators say. In China, test-taking fell 52%."

I hear it's easier to find a job overseas than it is in the USA.

story.news.yahoo.com

RE: "Then the Bush white house reversed itself"

Maybe he deserves some credit for this. But not sure why he let it get so far out of hand though.

Who is Hunt?

Regards,
Amy J



To: BelowTheCrowd who wrote (178969)8/10/2004 8:14:20 AM
From: GVTucker  Read Replies (1) | Respond to of 186894
 
Michael--

You completely misunderstand what happened to Enron. Enron had blown up long before that. Go all the way back to August 2001, when Andrew Fastow resigned. California had nothing to do with why Enron blew up.

Next, LTCM didn't fail just because of illiquidity. It was the combination of illiquidity and imperfect hedges. They were not buying and shorting the same thing.

And the Hunts? They were just stupid.



To: BelowTheCrowd who wrote (178969)8/10/2004 8:53:24 AM
From: robert b furman  Read Replies (1) | Respond to of 186894
 
Right ,

Any time any knows something is for sure - not too far down the road lies an implosion.

Rule # 1 - When it is for sure - lookout.

Everybody knows this bear market is going down right now - Right?GG

Bob



To: BelowTheCrowd who wrote (178969)8/10/2004 10:05:01 AM
From: The Duke of URLĀ©  Respond to of 186894
 
Enron was 1000 times more troubled by Dianne Finestien's 15 congressional investigation committees. Enron was not the least concerned with current prices. Your opinion of what ever Bush did does not reflect a significant cause of Enron's decline.

When Citicorp pulled the plug on 16 Billion dollars worth of loans secured off ballance sheet by stock in the company and then dumped the stock, the company stock price went down.