From: "Gary Britt" 

The internet bubble wasn't the fault of corporate manipulation of their
books, it was the product of investors going completely nuts.

Gary

"Geo"  wrote in message
news:4479c72c$2{at}w3.nls.net...
> He's not right. There was a company  Gooey Industries, in cleveland who
> took
> 30 million from investors for an idea that was obviously a scam. No law
> suit
> was ever brought because it's difficult to prove intent.
>
> How much money was lost when the internet bubble burst?
>
> Geo.
>
> "Mark"  wrote in message
news:44766fa1$1{at}w3.nls.net...
>> Gary B. is right, despite the media hoopla (well deserved for the perps
>> in
>> this case) the fact remains that only a dozen or so executives/companies
>> were charged/prosecuted for engaging in fraud out of countless thousands.
>>
>> The impression left though, because of that hoopla, was that all of
>> corporate America are crooks, which is obviously a crock, but the
> impression
>> plays good on the evening news...
>>
>
>
>

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