Tuesday, March 06, 2007

Google & Enron they are so different

From Paul Kedrovsky "Google has some suprises with 27 subsidaries in ... Delaware

http://paul.kedrosky.com/archives/2007/03/02/map_of_google_s.html

"Over 28 billion dollars worth of insider google stock has been sold since the IPO.
The company itself has only made 5.1 billion dollars in total profit since the day it was founded.
The whole point of being a public company is to sell stock. It's amazing how people still fail to see that. I guess that intentionally deny it- because if they ever admitted it they'd have to realize that the market is one giant fucking scam."

From not so distant past:

http://www.newyorker.com/fact/content/articles/070108fa_fact?page=1

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