The whole Harken Energy deal would have landed anybody else behind bars.


Shortwave Sportfishing wrote:
Bull****. There are deals like that done all the time and I don't see
thousands of CEOs in jail because of it.

Really? You mean that thousands of CEOs use family connections to set up
a business with no assets using foreign capital, leverage it into a
stock swap with a company to get in on looting *that* companies assets,
then sell *all* their own stock in the now-bankrupt company before any
accounting info is made public? And then have the investigation
dismissed (and thus all charges dropped) by a prosecutor appointed by
that CEO's father?

Yeah Tom, I'm sure that happens all the time.


It is - I'm not making any of it up. That's what caused the tech
bubble which brought the house of cards down. I couldn't embellish it
even if I wanted to - it's exaclty the truth and exactly what
happened.

I'm sure you believe that Clinton somehow drove up tech stocks.

The truth is that it was a market situation... people were convinced the
stock market never goes down and that these dot-bombs (with no assets...
hmmm, where have we seen that before) were sure to bring home the mint.
A cycle of irrational buying drove up the tech bubble, nothing else. If
the irrational buying weren't happening, none of those stocks would have
gotten off the ground in the first place.

You may be right about the Clinton Administrations complicity &
garnering party funds from these companies, but did they create the
irrational buying? You've got the cart before the horse.



Don't you Clinton-haters ever get tired of hearing the same old ****?


I never, once, ever said I hated President Clinton - not ever.

No, you just join in the chorus blaming him for everything from the
stock market crash to warm beer.

DSK