Hatrack River Forum: The strength of the stock market is tied to the strength of the economy

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Posted by fugu13 (Member # 2859) on :

But apparently that's just fiddle faddle:

http://www.collegejournal.com/globalcareers/newstrends/20040202-dreazen.html

A 24 year old with essentially no financial experience (he's getting a "crash course" in it) is in charge of setting up the Iraqi stock market.

*pained expression*

There are probably a few dozen people on this board with more practical and theoretical knowledge of stock markets than this guy.

Posted by Lalo (Member # 3772) on :

Heh, crap. Still, a delay can be recovered from -- and with the sheer wealth of the region, I don't think the guy can screw it up that badly, unless he forces contracts to overpriced American companies rather than developing an economy in Iraq itself.