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thunder
 
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On Sat, 19 Feb 2005 09:17:49 -0500, P. Fritz wrote:


One of the reasons for the bubble was Clinton's income tax change that
limited the deductability of wages in excess of 1 mil. The resulting
dodge (liebrals think statically and don't believe people will change
their behavior when presented with a new tax) was to grant executives
stock options instead of high wages, the result was the focus on driving
up stock prices without regard for what was best in the long run for the
company.......and the resulting bubble burst.



LOL, so now greed is Clinton's fault?