Thank you, rock! well said. The general public always wants to see the rich get in trouble, because they don't have the guts or the wherewithal to get there themselves. Pathetic. I call this "OPM". Its America's greatest spectator sport. Even more important than baseball or football. Its our national pastime. OTHER PEOPLES MISERY!!
Admitidly I am not a Nobel Laureate. You got me on that one. You just said yourself that you would tell your family and friends if you had inside info. You don't think Waksal did the same? And who did that daytrader sell too? Someone lost money and it wasn't Martha. I don't need a Nobel Prize to understand economics. Clearly you lack a basic understanding of market mechanics. I guess its just easier to believe everything you read. I did not intend for this to turn into a debate. Clearly we will have to agree to disagree. But its people like Lay and Waksal and Ebbers and even Martha who think like you that have caused the corporate scandal environment that we are wading through. The end does not always justify the means.
Well put and why has this been so totally lost on so many who contributed to this thread? That beats me....