Thursday, October 22, 2009

PT Barnum VS EWA

There is a sucker born every minute. Perhaps every sucker has a minute when they realize that they're it. Apparently, EWA had that moment recently. Last time I talked to him, he confessed that he and his wife were talking (and apparently drinking) a while back and he burst out laughing. It finally dawned on him that when you enter the room as the big, bad Wall Street money man, and then Engineers start to mock you for ponying up the dough based on false press releases, you should run.

Perhaps it wouldn't have been as painful for him had he come to the Mecca and looked at what we had. Perhaps it wouldn't have been as painful had he done some homework before throwing in the money. Perhaps he is just willing to pay for a good story. I'm quite often happy to give a couple of bucks to people begging in front of the grocery store. If they tell me a good hard luck story, I feel better for giving them my loose change. Perhaps it makes investment bankers feel good to give down and out companies a couple of million for a good story. The net effect is the same. The money won't go to improving the recipients lot - it will only be spent on cheap booze and hookers.

The moral of the story - if the engineers mock you - Run. Run fast, run far, and don't forget to take your money with you. I doubt that EWA will forget that lesson any time soon.

For now, the count stands as follows:
EWA: 0
PT Barnum: 1
Swiper: 26 million duped and counting.

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