If A Tree's Owner Falls . . .


	If A Tree's Owner Falls . . .

debbyski

2-28-2008 4:45 AM

281 views

tags:

the, big, boys, play

debbyski says:

"That's how big, bad business plays. Put the loopholes and fine print and asterisks into law. And when you can't make the rules, break them -- or break the rule makers."

1 Comment |

Add a Comment

2-28-2008 6:08 AM

carrerinyes

Login to Comment. Not a member yet? Sign up

View the Top Clips from February 28, 2008

Embed This Clip In Your Site...

<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/425f78bc-b599-4862-9fd7-31b6486a3160/35AFFDAE-054B-4AD1-B568-62E748CB9CB1/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.latimes.com/news/opinion/la-oe-morrison28feb28,0,6303108.column?track=ntothtml" href="http://www.latimes.com/news/opinion/la-oe-morrison28feb28,0,6303108.column?track=ntothtml" style="font-size: 11px;">www.latimes.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/news/opinion/la-oe-morrison28feb28,0,6303108.column?track=ntothtml">
When John D. Rockefeller visited the redwoods nearly 80 years ago,   he saw a natural treasure. He  put up $2 million to spare 10,000 acres. Wheeler-dealer Charles Hurwitz saw a different kind of treasure. In a 1986  hostile takeover -- financial-speak for date rape -- his firm,  Maxxam, got Pacific Lumber for nearly $900 million, financed by junk bonds. </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/news/opinion/la-oe-morrison28feb28,0,6303108.column?track=ntothtml"><DIV> The thunder of clear-cutting roused enviros and politicians. Twelve years of wrangling ended in 1999 with the Headwaters forest -- 7,500 acres of ancient redwood "cathedrals" in public hands -- new rules on logging the other 210,000 acres and a government check for nearly half a billion bucks in Hurwitz's corporate wallet.</DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/news/opinion/la-oe-morrison28feb28,0,6303108.column?track=ntothtml"><DIV> Did he use it to pay down Pacific Lumber's humongous debt? No. He still owes almost as much on it as he did  22 years ago. </DIV></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.latimes.com/news/opinion/la-oe-morrison28feb28,0,6303108.column?track=ntothtml"> When the rules don't suit him, he's found ways around them.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/35AFFDAE-054B-4AD1-B568-62E748CB9CB1/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

Clipmarks: Home; New Clips; Top Clips; Dashboard

Popular Topics: News; Life; Science; Technology; Entertainment

Get Started: Sign Up; Install Clipping Tool; How Clipping Works; Clip-to-Blog™; ClipSearch

Tools and Resources: FAQ; ClipWeek; Top Clippers; Top Tags; Site Map

About Clipmarks: About Us; Contact; Blog; Copyright; Privacy; EULA

Search Options

Related Clips

More clips from debbyski

Today's Top Clips