Flushing the cash instead of the cache
It’s easy to mock the rich when you aren’t. It’s easier to mock the stupid rich. The rich that gamble their excess, in the hope of having even more. That might be a definition of greed, come to think of it… not the mocking; the gambling. There are those that believe gambling to be a sin, or a sickness. When it’s done at the organized level, it means far too much coverage in the media. Did you ever count those pages of numbers in the “financial section” where there are columns and columns of numbers that purport to show a pattern for those who invest.
Well, the story out of the financial center of the world (New York) this afternoon is simply funny. Along the way, the Google spider dredged up a story from 2002 that showed a major airline (take your pick, they all are from one week to another) was on the brink of failure. One of the financial types in the Stock Exchange caught the story, which did not reflect the situation as of this year, and panicked. Like a herd of crazed animals, those who had, sold, and the value of stocks that disappeared is calculated as $1.14 billion. Virtual money, in truth, but a huge amount of potential for someone.
The complete story is a little boring, but take this as a lesson. If you have it, don’t dump it because of a single story on the net. After all, the spiders pick up everything, and if you get fooled, don’t blame the messenger. And if what I’ve read is true, those who were trading still made a profit.
