Monday, December 21, 2009

Top Betting Systems What Type Of Economic System Would You Say This Describes?

What type of economic system would you say this describes? - top betting systems

This is from the movie Wall Street.

"Well, ladies and gentlemen, we are not here to enjoy the fantasy but in political and economic reality. Latin America has become a second-rate power. My current account deficit and fiscal deficit are nightmarish proportions. Well, in the days of the free market when our country was a top industrial power, there was no accountability to its shareholders. Carnegie, the Mellons, the men who built this great industrial empire, but it because their money is at stake. Today, management has no influence on society!

"Together, these men sitting here [Teldar management] own less than 3 percent of the company. And where does Mr. Cromwell put million-dollar salary? Teldar not in stock, involved less than 1 percent.

"And you're all royally screwed over by these, these bureaucrats, their meals with meat, hunting and fishing, their corporate jets and golden parachutes.

"Teldar Paper, Mr. Cromwell Teldar Paper has 33 different vice presidents, the EACon incomes over 200 thousand dollars a year. Well, I spent two months analyzing what all these people, and can still not understand. One thing I know that our paper company lost 110 million U.S. dollars last year, and I bet half was spent by all the paperwork back and forth between all these vice-presidents.

The new law of evolution in corporate America seems to be unfittest survival. Well, that's in my book "do the right things or if you are eliminated.

In the last seven deals that I have been involved, there were 2.5 million stockholders who have made a profit before tax of 12 million U.S. dollars.
"



The free market or command. I think the market is free, but I'm not sure.
If you say, what can you say that to understand why for me?

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