Editore"s Note
Tilting at Windmills

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November 10, 2003
By: Kevin Drum

MAKING MONEY THE OLD FASHIONED WAY....Via Sebastian Holsclaw, the San Francisco Chronicle regales us with the state of the art in stock scams: find an overhyped company, take a short position in their stock, bad mouth them to everyone who will listen, make a pot of money when the stock finally collapses, and then the stroke of genius that turns this into a work of art file a class action suit against the company alleging that they misled investors about their prospects.

And the icing on the cake? The guy doing all this is a pal of George Bush. Commenters may fire when ready.

Kevin Drum 2:15 PM Permalink | Trackbacks

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