Quotable: At least the widows and orphans are safe … but wait

Fortunately, the Web 2.0 Bust isn’t technically a financial market bust in the way the dot.com bust was, or the way the stock market is. The 2001-02 dot.com bust was a classic market collapse in which widows and orphans lost money on a wide array of publicly traded, but vaporous, companies that had imaginary revenues, or none — nada, zilch. (Unfortunately, widows and orphans have now lost all their money in conservative, safe investments, like real estate and bank stocks.)

Rex Hammock

Hammock has some good lines and that’s one of them.