82. He's right. I wonder why this does not register higher on economic radar.
Edited on Wed Nov-09-05 01:22 PM by ozymandius
This has all the trappings of the S&L scandal of the '80s plus a carload of collateral damage. The additional damage looks to be found in all the companies that have exposure to Refco - which is plenty. Plenty of back room deals have been whispered to be at the core of this case. That tidbit implicates some culpability among institutions like Goldman Sachs that made the illegal operations feasible.
Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators
Important Notices: By participating on this discussion
board, visitors agree to abide by the rules outlined on our Rules
page. Messages posted on the Democratic Underground Discussion Forums are the
opinions of the individuals who post them, and do not necessarily represent
the opinions of Democratic Underground, LLC.
Printer-friendly format
Email this thread to a friend
Bookmark this thread
(1000+ posts)
Send PM |
Profile |
Ignore
