“In the long run, there’s no capitalism without conscience. There is no wealth without character.” I dunno, Mr. President…you seemed to do pretty well for yourself. In his much-anticipated speech yesterday, Dubya tried to put the brakes on the Wall Street sell-off and quell the growing questions surrounding his own stock shadiness (timeline here.) Needless to say, it didn’t seem to work.
Tag: Andersen
Hitting .333.
Frank Rich weighs in with another discerning op-ed on Enrongate, in which he notes that the Bush administration has significant ties to FIVE of the companies currently under scrutiny – Enron, Halliburton, Andersen, KMPG and Merrill Lynch (which is why, of course, Dubya keeps talking about WorldCom.)