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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Mike Johnston who wrote (83204)6/29/2007 10:53:28 AM
From: John Vosilla  Read Replies (1) | Respond to of 110194
 
'The whole thing blew up at the wrong time for them, 5 years too early.'

Paulson and Co protecting the financiers on Wall Street and liquidity for the overall market. I don't think they come to the rescue of Enron just like they won't bail out a large homebuilder going under.

However it is ironic even with Sarbanes Oxley the fraud and corruption has gone to new highs.. Must have a lot to do with the deflationary fears of 2002-03 encouraging high risk taking to bail us out as well as complete Republican control and lack of oversight or checks and balances everywhere in the real economy for most of this decade..



To: Mike Johnston who wrote (83204)6/30/2007 6:46:17 PM
From: Metacomet  Read Replies (2) | Respond to of 110194
 
Enron blew up because the Bush 21st century economy destruction program put the skids on the growth that had shielded the crooks during the Clinton era.

Had Gore taken office, Enron might never have been exposed.

Talk about your unintended consequences, ya think Lay ever regretted pouring those millions into the Bush campaign?

(Somebody should ask him...)


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