Magazine article Modern Trader

Moving on. (Editor's Note)

Magazine article Modern Trader

Moving on. (Editor's Note)

Article excerpt

There is no doubt that this has been a rough millennium.

The good news is things will get better and already have. Actions were taken to strengthen U.S. security to prevent the kind of slaughter that took place on that fateful day last September. The government and industry have taken steps to prevent the kind of pillaging that allowed so few to hurt so many.

The United States alone has gone through a presidential election that cut the spine of the sacred American voting process. Then came the worst non-wartime tragedy ever on American soil, the terrorist attacks of Sept. 11, 2001, which killed thousands of people in New York City, Washington D.C. and Pennsylvania and forever changed the way we view the world. Next came the stock market rout of 2002, fueled by corporate fat cats who ravaged their companies into bankruptcy and denied accountability. Beyond our shores, the "war" in Afghanistan, suicide bombings in Israel and nuclear standoff between India and Pakistan overshadow the economic woes of our neighbors in South America, an event that could roil the U.S. economy. Then there is the constant Bush Administration chatter about Iraq; will we go to war or not?

I'm still amazed at the greed that took place at Enron, WorldCom, Tyco and a long list of other companies. The blatant disregard for prudence and honesty from executives to board rooms continues to enrage me--and finally seems to have hit the public with the same disgust. …

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