trading bandwidth

Brett Watson brett at the-watsons.org
Tue May 29 22:54:19 UTC 2012


On May 29, 2012, at 3:10 PM, Owen DeLong wrote:

> IIRC, the concept was first introduced by MCI and Enron to great fanfare
> and subsequent graphic demonstrations of the destructive power of
> unregulated markets controlled by people of limited moral fortitude.

Not ALL of us were of limited moral fortitude! :) I still think the concept was fundamentally sound, and I certainly meant well, but I was in a position of very little power so what I said generally didn't carry a lot of weight in that environment.

-b



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