(Grantland) wrote in message ...
Spehro Pefhany wrote:

On Tue, 29 Jul 2003 12:48:44 -0400, the renowned "Paul Ely"

After all, isn't speculation of this sort already the exclusive domain of
the Carlyle Group?

Maybe that's what Rummy et. al were counting on. If they can make it
very profitable for someone to "manipulate the market" then there's
less blood on their hands. All it would take would be control over
what was bet on. (eg. no betting on the sudden demise of Dubya
allowed, but betting on the demise of Kim Jong Il would be
encouraged). Less danger of repercussions when you can blame "the
market"- look at all the people who have lost money in the market, and
how few have been punished.

Best regards,
Spehro Pefhany

The economically illiterate in a paragraph.




I think they were trying to bypass the "suspicious" futures
transactions watch. Wolfowitz. Rotten Traitors.

That would interesting if people as stupid as
Bechtel, General Dynamics, or Exxon employees knew
anything about futures.