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Default Gas getting higher.

On 3/1/11 8:22 AM, Wayne.B wrote:
On Mon, 28 Feb 2011 23:26:39 -0800, wrote:

On Tue, 01 Mar 2011 02:09:55 -0500, Wayne.B
wrote:

On Mon, 28 Feb 2011 20:39:06 -0800,
wrote:

Great... except for the part that the Wall Street price manipulators
play... I guess you don't remember Enron...

I remember it well. I also remember that Wall Street is located in
Manhattan. I worked there for many years and know the location well,
not to mention a few things about the industry. Enron, on the other
hand was headquartered in Houston, Texas - part of the energy
industry, the fraudulent part.


You're claiming that there was no connection between Enron
manipulation and Wall Street?

http://www.forbes.com/2001/11/29/1129topnews.html


Enron borrowed from large money center banks before their fraud was
suspected and exposed. No crime there, just questionable risk
analysis on the part of the lenders who were mostly relying on audited
financial statements.



Large corporations don't order toilet paper without consulting with
their investment bankers, brokers and others in the financial services
industry.

Surely you are not trying to let the so-called "Wall Street financial
community" off the hook for its major role in bringing down our economy.

Wait...you probably are.

Ahh, audited financial statements...as if the big CPA firms weren't part
of the game.


 
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