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Re: [ontolog-forum] The $580 Million Black Hole

To: ontolog-forum@xxxxxxxxxxxxxxxx
From: Ron Wheeler <rwheeler@xxxxxxxxxxxxxxxxxxxxx>
Date: Sun, 22 Jul 2012 19:58:46 -0400
Message-id: <500C93B6.9080300@xxxxxxxxxxxxxxxxxxxxx>
On 22/07/2012 4:53 PM, Obrst, Leo J. wrote:
> And what we need is less regulation, right? To unleash the job-makers.    (01)

They will make jobs for lawyers and Asians (and I don't mean the ones here)!    (02)

> Thanks,
> Leo
>
> -----Original Message-----
> From: ontolog-forum-bounces@xxxxxxxxxxxxxxxx 
>[mailto:ontolog-forum-bounces@xxxxxxxxxxxxxxxx] On Behalf Of John F Sowa
> Sent: Sunday, July 22, 2012 4:46 PM
> To: ontolog-forum@xxxxxxxxxxxxxxxx
> Subject: Re: [ontolog-forum] The $580 Million Black Hole
>
> On 7/22/2012 3:10 PM, Chris Menzel wrote:
>> Granted, they sold at the height of dot-com optimism and exuberance, but
>> I have to say I cannot understand how anyone could consider a complete
>> no-cash stock option buyout.
> I agree.  But as we have seen, lots of supposedly savvy people were
> taken in by Bernie Madoff and similar people.
>
> In this case, the adviser from Goldman Sachs told them to take the
> no-cash option from L & H.  But at the same time, GS decided not to
> invest in L & H stock themselves.
>
> In ancient times, there was a subject called "Business Ethics".
> But ethical has been redefined as anything that is not illegal.
>
> And legal now means anything you can pay the politicians to approve.
>
> John
>   
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>    (03)


-- 
Ron Wheeler
President
Artifact Software Inc
email: rwheeler@xxxxxxxxxxxxxxxxxxxxx
skype: ronaldmwheeler
phone: 866-970-2435, ext 102    (04)


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