It's as if we, as a nation, learned nothing from Enron, essentially risking the health care of retired and active workers in such a cavalier fashion
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It's as if we, as a nation, learned nothing from Enron, essentially risking the health care of retired and active workers in such a cavalier fashion
Look at Lehman Brothers, look at Enron, Rusnak and AIB - the issue is trust. I know I sound like Jimmy Stewart in It's A Wonderful Life . . .
The difference is that Enron went under when it was leveraged 11 to 1 whereas at Lehman it was more like 30 to 1
It's a fascinating question ... I think he was a creature of both worlds. I was invited on a lot of right-wing radio shows that I couldn't have got on with Taxi or Enron . They loved him because he was a kick-ass motherf***er who said 'f*** you!' to everybody. He lived by himself out in the country and shot off a lot of guns. There is that strain in the right: 'Leave me the hell alone.' And that's why they liked him.