Remember how the technology boom wasn't a bubble at all, because
this time things were different? Bankers love telling people how
certain events are unique and unprecedented. Most of the time,
though, they're wrong.
In March, for instance, JPMorgan and Goldman Sachs annouced with
enormous fanfare a new Mexican global bond. (Euromoney, April 2003,
pp 124-128). Finally, for the first time ever, a bond issued under
New...
