World stock market volatility has turned even the most confident fund manager into a gibbering wreck
If you are not too involved, it is quite amusing. Like watching an otherwise controlled adult suddenly lose it, have a tantrum, threaten and wail. World stock markets are swinging wildly between fear and greed, and all the weak and unpleasant facets of their one time champions are becoming apparent. So far, the shame and disgrace has been largely focused on the private sector. To the obvious satisfaction of the general population, who suspected they were rotten all along, the money gods at firms like Enron, WorldCom and Tyco have been exposed as nasty, profit-driven bullies who clearly ne...
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