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You cannot expect so much freedom in a land of 1.3 billion people. ”
From this process has emerged a parallel process of translating traditional working and living values into a new political and economic power - a power increasingly based upon the strength of money and those material things money can purchase. ”
In a Ponzi scheme, a promoter pays back his initial investors with money he has raised from new investors. Eventually, the promoter can no longer find enough new investors to pay off the people who have already put up money, and the scheme collapses. ”
To finance deficits, the government must sell bonds to investors, competing for capital that could otherwise be used to invest in stocks or corporate bonds. Government borrowings raise long-term interest rates, stifling economic growth. ”
Federal laws against kickbacks bar pharmaceutical companies from directly giving money to patients for co-payments on the drugs they make. ”
Iraq is short on capital, short on electricity, and short on management expertise, but it does not lack economic enthusiasm. ”
Most unfortunately, Enron's plunge into bankruptcy court also cost many of its rank-and-file employees their savings. ”
Some companies use off-balance-sheet partnerships to raise money or to buy assets without ever telling their shareholders in their financial statements. ”
Big fund companies have many ways to increase the returns of young funds that they want to promote. And at least one of those games involves popular offerings. ”
Institutions like mutual funds often worry that if they disclose their plans to buy a stock, copycats will move quickly and drive up the stock before the purchase is completed. ”