He of the $5000 shower curtain writes to Fox Business news from his
prison cell...
http://www.foxbusiness.com/story/markets/business-leaders/tyco-ex-ceo-kolowski-writes-fox-business/
-------------------------------------------snip
October 02, 2008
Dear Eric,
As I sit in a N.Y. State prison I am shocked at the
financial destruction going on in our society. It's sad and
distressing that institutions that have stood the tests of time for
well over a century can have such an ignominious end. In my opinion
there are a number of reasons we are in such a mess:
We have been banbozzled (sp) by wall street. Those who
know better led others into believing that there are shortcuts to
makings (sp) mountains of money overnight -- as we're seeing now, this
is not only impossible, but it also destroys what was built over
lifetimes. At one time I thought the wall st. types to be so much
cleverer than those of us who spent many years building a company. At
times they seemed to make more money in one year than we made in many.
Then we find little of it was real -- it was a big act that destroyed
jobs and lives.
-raghu.
--
Seeing is deceiving. It's eating that's believing.
_______________________________________________
pen-l mailing list
[email protected]
https://lists.csuchico.edu/mailman/listinfo/pen-l
