Overall, the writer has some specific points about the economy that are correct.

But blaming Greenspan for the bursting of the net bubble?? Thats just wrong. It was plain old greed by over 75% of the American public that had money in the market.

Your Red Hat example is but one of many.

The lure of that easy money also seemed to bring out the worst in some of the ivolved companies. Worldcom, Enron, Global Crossing...all were new companies riding that wave...and when the wave came crashing down...well lets just say that the leadership in these companies were less than ethical in trying to maintain appearances.

>That< is what has casued the crisis in confidence. Much the same way that the bank and trading house scandals in the Far East caused theirs.