Six months ago, I singled out one of the 'illuminati' for particular criticism. In the last week, he has been relieved of his job, pushed off his board (and, surely, others will follow), and thrown to the proverbial magnate-curb. As I said before, the roaches can only survive in the dark. Turn on the light and they scurry. Poor Ace Greenberg just had a hitch in his getalong and couldn't scurry fast enough. If you ever need an affirmation that perfect information is contributory to perfect capitalism (which, IMHO, is the economic ideal), here you have it!
Wednesday, April 06, 2005
FOLLOW UP #2: You've heard of the Illuminati, right?
Posted by NBW
Labels: Business, Economics, Finance, Human Behavior
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