Archive for August, 2004
Guns don’t kill people, poor foreign policy does.
A nation can reach the point at which
it does not buy more security for itself simply by buying more military
hardware. We are at that point. The decisive factor for a powerful
nation already adequately armed is the character of its relationships
with the world.
– Robert S. McNamara, U.S. Secretary of Defense, 1966
No commentsWhy Wall Street Wants Google to Fail
As published on MSN Money and discussed today on Slashdot:
The
most anticipated initial public offering in years threatens to derail a
cherished gravy train, where underpriced shares are handed out to
favored investors and grateful CEOs.
. . .
That’s why I don’t
think you can trust anything Wall Street says about the Google IPO: The
investment banking establishment has too much at stake and too many
institutional conflicts of interest to make them credible on this
offering.