I missed what was ridiculous. Causing a run on a bank is irresponsible. ie Petronas towers caused Sumitomo to almost fail. Which led to Japan's insurance industry near failure. Capital formation relies on confidence that capital is safe.The far easts problems in the 90's led to the US boom. Capital came here in truckloads. Yahoo never made a profit, but was selling for 315.00 USD. Charlie should take Steny Hoyer to task for his comments on the house floor 01282009.
I missed what was ridiculous. Causing a run on a bank is irresponsible. ie Petronas towers caused Sumitomo to almost fail. Which led to Japan's insurance industry near failure. Capital formation relies on confidence that capital is safe.The far easts problems in the 90's led to the US boom. Capital came here in truckloads. Yahoo never made a profit, but was selling for 315.00 USD. Charlie should take Steny Hoyer to task for his comments on the house floor 01282009.
idesofmarchUNIAEA 3 years ago