More Slithy Toves Gyring and Gimbling in the Wabe
More from the ex-hennhaus.com.
Much like the ‘Tech bubble’ in microcosm, the Bre-X fiasco caught a lot of well-heeled investors in their pocketbooks. People got the correct impression that something was wrong when a Bre-X geologist face-planted from a helicopter prior to its landing, and Indonesian gold mysteriously vanished from core samples. There’s a great write-up here
if you’re not into the CBC’s video archives.
This was the biggest gold fraud ever. It made millionaires from paupers, and — when the other shoe (and geologist) fell — turned millionaires into paupers.
. . .
And, if gold wasn’t your bag, there was always oil:
Will Lube for Food
(The duck sez, ‘Crude.’)
The cartoon above was in reference to the UN Security Council Food for Oil resolution after the first US-Iraq war.