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Old 1st Mar 2009, 18:18
  #54 (permalink)  
Bealzebub
 
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Greed really is a nasty thing.
Yes it is. Yet in the mid 1980's and for the next 23 years, it almost came to symbolize corporate big business and those that survived off its earnings. In 1986 at the University of California, Ivan Boesky (later convicted of insider trading) delivered a speech where in part he stated:
"Greed is all right, by the way. I want you to know that. I think greed is healthy. You can be greedy and still feel good about yourself."
Propogated by Carl Icahn and many others that for many, became the rallying cry for capitalism.

In recent times the fruits of this mantra have started to rot on the vine. Look at the global financial system, including most of the worlds largest financial institutions. Look at the worlds largest Insurance company AIG and many others. Were they not guilty of the most obscene greed?

It is hard to equate how potentially damaged survivors of an accident and their possible future claims can be enveloped in the same gift wrap as some of these instutions, by those who would seek to portray the latter as innocent victims of circumstance. The other way around surely ?
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