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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: Bobby Yellin who wrote (4411)3/17/1999 8:55:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 81092
 
Lighten up Morgy.... It's far too early to be participating in this kind of negative banter. Have a cup of joe (decaf) and let's both relax a bit.

Btw, just because something is rotten under one management team, doesn't mean that it will be rotten under another. A corporation is an entity controlled by human decisions. Those workers employed to keep that corporation operating are not to blame and the corporate entity is not to blame. It is management and I would have little problem seeing management sued or jailed for their deliberate malfeasance, instead of seeing the contracts bought out with golden parachutes.

Remember Chrysler? Nothing wrong with the company and its workers. But the management team had little corporate vision and had become creatively lazy. But now look at it...

No a corporation should not necessarily be too big to fail. But one should look at other factors as well and the path of restructuring that can be accomplished. And Chrysler was a prime example of a company that could be salvaged. I suggest Citicorp and others were worth salvaging as well. You can't separate the thousands of innocent employees from the corporate entity.

As for gold doing anything during deflation... It is quite apparent that it doesn't go up much. And it won't until the bottom of the deflationary cycle has been reached.

Regards,

Ron