No.  Bob Reich started it in 1993.  Unfortunately.

mbs


-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Ian Murray
Sent: Thursday, September 06, 2001 8:38 PM
To: [EMAIL PROTECTED]
Subject: [PEN-L:16823] Re: Re: Re: Re: financial news


> In his book on the S&L disaster, Martin Mayer reproduces the letter 
> Alan Greenspan wrote on Keating's behalf, praising him as a fine 
> upstanding character. He was reportedly paid $20,000 for the task.
> 
> Doug
> 
=========
Isn't the S&L crisis the origins of the term 'corporate welfare'?

Ian

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