The Dot.Con industry was mostly created by investment bankers to pad fees
They were the froth of the 90's bubble but actually destroyed more wealth than Enron ever did.
Ed
Current Events » in reply to ENRON was something like a 60 billion dollar swindle. It had absolutely no chance of succeeding, but was bled dry by its officers. These DOT-COMs had some reasonable chance of success, but not nearly…
The whole thread (11 posts)
- Here come the jobs
- A drop in the bucket for the devasted IT area. I doubt if IT will EVER reach the employment levels of a few years ago. (n/t)
- Perhaps not...
- Fraud will always recur. Here are a few from the recent past:
- Definitely
- ENRON was something like a 60 billion dollar swindle. It had absolutely no chance of succeeding, but was bled dry by its officers. These DOT-COMs had some reasonable chance of success, but not nearly… (n/t)
- Definitely
- Fraud will always recur. Here are a few from the recent past:
- Perhaps not...
- A drop in the bucket for the devasted IT area. I doubt if IT will EVER reach the employment levels of a few years ago. (n/t)