RE: Re: Re: Re: Re: financial news

["Max Sawicky" <sawicky@xxxxxxxxxxxxxxxx>]

No.  Bob Reich started it in 1993.  Unfortunately.

mbs


-----Original Message-----
From: owner-pen-l@xxxxxxxxxxxxxxxxxxx
[mailto:owner-pen-l@xxxxxxxxxxxxxxxxxxx]On Behalf Of Ian Murray
Sent: Thursday, September 06, 2001 8:38 PM
To: pen-l@xxxxxxxxxxxxxxxxxxx
>Subject: [PEN-L:16823] Re: Re: Re: Re: financial news


> In his book on the S&L disaster, Martin Mayer reproduces the letter
> Alan Greenspan wrote on Keating's behalf, praising him as a fine
> upstanding character. He was reportedly paid $20,000 for the task.
>
> Doug
>
=========
Isn't the S&L crisis the origins of the term 'corporate welfare'?

Ian