Saturday, March 9, 2002

Enron Must Read... I was doing a little digging and ran across this gem...wow, from March 2001. Someone was doing their homework and saw the writing on the wall. Her name is Bethany McLean and she was bright enough to see what was coming -- sure she did not see the magnitude...but she read the tea leaves. There are some choice quotes in the article: "Enron is a big black box," gripes another analyst.... "If you figure it out, let me know" "The ability to develop a somewhat predictable model of this business for the future is mostly an exercise in futility" "Enron is an earnings-at-risk story" ...ah, the maddness of crowds...mj 10:31:19 PM

"It is easier to forgive an enemy than to forgive a friend." -- William Blake ...why? It's because an enemy can not betray you. An enemy is simply acting a role -- the part they play -- you expect them to do what they do...a friend, well that's a different story...mj 12:20:56 PM

US 'has nuclear hit list'. A leaked Pentagon report apparently shows the Bush administration is ready to use nuclear weapons in limited wars against certain states. [BBC News: world] This is one of those...is this really new, or just something no one has talked about openly before? I am sure that plans like this have always existed. It's just that in the 'Cold War' era, it was assumed that any exchange would lead to MAD [mutually assured destruction]. In that situation, no exchange ever made sense...mj 11:54:53 AM

...Now everyone dreams of a love lasting and true But you and I know what this world can do So let's make our steps clear that the other may see And I'll wait for you If I should fall behind Wait for me... -- Bruce Springsteen 11:21:51 AM

"May the lights in the Land of Plenty Shine on the truth some day." -- Leonard Cohen 11:19:43 AM

....a whole day with no post... 1:49:38 AM

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