TRP-related (by me at least)..from a review
Robert Mahnke
rpmahnke at gmail.com
Wed Mar 24 09:40:01 CDT 2010
I was under the impression that Lewis had critical things to say
specifically about the move that investment banks made recently to go
public, and the change in incentives for their management, not about
the general existence of public companies.
On 3/24/10, rich <richard.romeo at gmail.com> wrote:
> I don't think the idea that public companies can find ways to raise capital
> such as issuing shares is necessarily a bad thing. Proper oversight and
> regulation is what is needed
>
> as much as anarchism is very attractive, all it really amounts to a
> diversion for children with nothing to lose no matter how Pynchon exalts
> them.
>
>
>
>
> On Wed, Mar 24, 2010 at 7:54 AM, Mark Kohut <markekohut at yahoo.com> wrote:
> > The Big Short by Michael Lewis is "an indictment of shareholder driven
> capitalism". As soon as partnership was replaced by investor money, it
> became a casino.
> >
> > I would argue that one of the meanings of the casino (and Vegas in IV?) in
> AtD is captured in the above....Pynchon satirizes society for losing its
> human scale most.
> >
> >
> >
> >
>
>
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