Instead though, Groupon joined Zynga and others in calling off floatations after a poor outlook for developed economies damaged stock markets.

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Some of that stock was damaged by Hurricane Katrina, and Smith says there're only a couple of stores left in New Orleans selling vinyl at all.

NPR: Vinyl Still Sells in New Orleans

However, this waiting by Apple did damage to its stock price and optimism was also damaged.

FORBES: Here's The Real Reason Apple's Stock Is On A Roll

Shareholders were diluted but not damaged by this rampage of buying: Under Allison the stock is up 700%.

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Both defense teams failed to deliver on this promise, and their argument's credibility was severely damaged by the fact that Lay and Skilling made huge stock sales in the weeks prior to the company's collapse.

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