gordon.coale
 
Home
 


Weblog Archives

   
 
  Friday  June 7  2002    10: 05 AM

Another bunch of fucking crooks story — sorry if I'm getting too wound up over this shit

Analyze This: Wall Street Gives Investors The Finger
by Ariana Huffungton

We’ve dodged the recession bullet. The worst is past. Everything’s coming up roses. At least, that’s what Washington wants you to believe -- even as Wall Street stubbornly refuses to shake off its doldrums. Whenever more bad news arrives -- such as Monday’s sell-off that sunk the market to an eight month low, more CEO scandals, and more corporate execs unloading company stock at a frenzied pace -- it’s greeted with a note of surprise. Isn’t it time the designated mouthpieces of the political-financial complex wiped that look of incredulity off their faces?

Why should battle-scarred investors return to their bullish ways when next to nothing has been done to restore their trust in the smooth and efficient¸ not to mention fair functioning of our free markets? Indeed, every day brings more reasons for them to hide their money in the mattress or bury it in the backyard.
[read more]