European Tribune - Comments - Spanish preventive bail-out to conquer Europe

Spanish preventive bail-out to conquer Europe | 42 comments (42 topical, 0 editorial, 0 hidden)

Re: I would expect that the actual ... (none / 0)

Funny how value seems to leak out of them like water from a sieve. I wondered if they had been invented by some Enron type jokester who first conceived of a seive like structure from which he could benefit and yucked it up.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Fri Oct 10th, 2008 at 12:18:42 PM EST
[ Parent ]

Re: I would expect that the actual ... (none / 1)

No, Enron did not invent much of anything except a corporate culture of financial gimmickry to try to get something for nothing ... off the balance sheet transactions, structured investment vehicles ... the hard part is either getting a regulator to sign off on it or getting some pollie to take the regulator out of the game.

And of course that invention was only a re-invention of something invented countless times before.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Fri Oct 10th, 2008 at 01:18:39 PM EST
[ Parent ]

Spanish preventive bail-out to conquer Europe | 42 comments (42 topical, 0 editorial, 0 hidden)

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