tag:blogger.com,1999:blog-8839412.post9050919662257196784..comments2024-03-18T19:39:32.100-06:00Comments on Gus Van Horn: 1-26-13 HodgepodgeGus Van Hornhttp://www.blogger.com/profile/05126749051688217781noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8839412.post-14851668173073869732013-01-26T13:40:49.238-06:002013-01-26T13:40:49.238-06:00Good point.
Of course, the narrative that will us...Good point.<br /><br />Of course, the narrative that will use the above story to tar capitalism will see what you point out not as part and parcel of the corrupting influence of government on business, but of just the opposite.Gus Van Hornhttps://www.blogger.com/profile/05126749051688217781noreply@blogger.comtag:blogger.com,1999:blog-8839412.post-7301405342035296812013-01-26T08:33:22.809-06:002013-01-26T08:33:22.809-06:00Charlatans often tag along to booms. When people w...Charlatans often tag along to booms. When people were being swept up in internet mania, there were some companies that had no real intent to make great products... they were just crafting the "right story for investors". The frothy end portion of a boom sees lots of such guys. They then become useful fall guys when things go bust.<br /><br />A company like Citi had such deep connections with Washington, which meant the government saved them and nobody thinks of them as the worst apple in the basket... This allowed all the top guys to walk away scott free.Realist Theoristhttps://www.blogger.com/profile/02443210652365042245noreply@blogger.com