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“Now, I have this great idea”….

Aromatics, Business, China, Company Strategy, Olefins, Polyolefins, Projects
By John Richardson on 22-Dec-2008
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As if you needed to reminded, be aware of the conmen who might try and sell you something you don’t need in 2009 as everyone tries to find a way through the crisis.

There could be more contradictory methods to manage volatility and financial problems out there than unsold tonnes of benzene.

And perhaps something akin to a Ponzi – or maybe what should from now on be called a Madoff Scheme – will emerge.

I had to laugh at reading of the joke prospectus sent out to London investors during the 1820s stock market boom, involving a plan to rescue gold and other valuables left at the bottom of the Red Sea by the Egyptians.