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That process has been going on for at least 30 years.  The next step was to issue an IPO so the looters could walk away and let the stockholders take the inevitable hit.  

The 'Greater Fool' Theory in action.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Mon Jun 7th, 2010 at 12:26:55 PM EST
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