The latest rage out of the boiler room sharks that hawk new equity issues touts alternative energy. The hype that is coming out of Wall Street resembles the internet band wagon before the bust. Investors are getting calls from brokers about unit trusts, mutual funds and hot shares. Goldman Sachs rushes to finance the offers with their expertise – using other peoples’ money. And why not when the taxpayer is being used as the patsy to subsidize the greed and insatiable appetite of the vultures that swarm around looking for an easy meal.
Read the entire essay from the Inherent Autonomy archives