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Date: | Tue, 29 Jan 2002 17:01:00 -0500 |
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I would like to be optimistic, but until 'ALL' bureaucracies are removed
from Washington, along with the lobbyists GREED will continue to rule. When
the pay raises Congress gets are tied to inflation and deficit spending (if
inflation goes up their salaries go down, if we enter a deficit spending or
recession their salaries go down; and visa-versa) we will see immediate
improvements.
By moving to a flat tax system accounting firms such as ARTHUR Andersen will
vaporize, or at least shrink to a manageable level.
-----Original Message-----
From: Rao, Raghavendra [mailto:[log in to unmask]]
Sent: Tuesday, January 29, 2002 12:03 PM
To: [log in to unmask]
Subject: [HP3000-L] OT : Two clouds, one silver lining
The case of Enron & Credit Suisse First Boston (CSFB)
Nice overview story--Walter Derzko-your NewBizDev Host
============================================
"... Let's be optimistic, though. Maybe the Enron and CSFB
cases will be the catalyst we need for a true return to
basic principles. If people in power heed the lessons,
they'll repair the variety of holes that have been torn in
the fabric of the market economy during the previous two
decades.
But even if they don't, we've set in motion some
unstoppable trends. In the end, Enron and CSFB will be
forgotten vestiges of a transcendently greedy time.
They'll also have been part of a grand transformation ..."
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