[lbo-talk] Austerity In The Face Of Weakness

[123hop at comcast.net]

Yes, Julio, I agree. Hence the whole "take the money and run" mentality. 

Joanna 

----- Original Message ----- 
From: "Julio Huato" <juliohuato at gmail.com> 
To: "Lbo Talk Lbo Talk" <lbo-talk at lbo-talk.org> 
Sent: Tuesday, August 31, 2010 9:24:13 AM 
Subject: [lbo-talk] Austerity In The Face Of Weakness 

A side comment on Doug's excellent interview published on Z. Maybe 
this is an obvious point to everyone, but one hears often that 
corporations have lots of cash and their recent return rates on equity 
have been high. Doug alluded to this. It is a fact. But we should 
understand this in context.