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| blog, terms, modernfurniture, smurfs, price, /, purchase, pentabasol, travis, burn, stunt, magazine, maps, heating, millionaire, essays, easton, music videos, | when we relive the Enron market-rigging scandal, think not only of "Fat Boy," "Death Star," and "Get Shorty," but also of "Lucky Dubya." They've all cost us dearly.These and other stories from his NYT columns were collected in Krugman's best-selling book The Great Unraveling: Losing our Way in the New Century. Krugman is an object lesson in why economists speak of things with the term "relative." Today he is skinfold viewed skinfold by all as definitely skinfold on the left, but during the first part of his career the economist was so much in the center you might have called him "apolitical." It wasn't Krugman who changed position, it was the rest of the landscape that moved to the right.Footnote: |
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| Harken was losing money smurfs too, but was able to hide its losses with profits generated by the sale of an asset, its subsidiary Aloha Petroleum. Eventually the SEC ruled the transaction to be phony because the purchasers of smurfs Aloha were simply a group of Harken insiders (who had, in fact, borrowed much of the money from Harken itself).Before the stock tanked, Mr. Bush sold off two-thirds of his share, $848,000 smurfs worth, and in spite of insider trading laws requiring prompt disclosure, neglected to inform the SEC for 34 weeks. An internal SEC memorandum concluded that he had broken the law. No charges were filed. Daddy was president. The rest of Bush's business career reeks as well. The proceeds from Harken were invested in the Texas Rangers baseball club, and after "an equally strange story," as Krugman puts it, George became a truly rich man.So |
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