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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: Maurice Winn who wrote (12743)1/4/2002 6:37:15 AM
From: Baldur Fjvlnisson   of 74559
 
Well, we just witnessed history's biggest bankruptcy (one of Wall St.'s MAJOR DARLINGS. The junk was probably pushed even more than Lucent) with an unusually putrid stench of fraud and so far what supposedly is in charge of "law enforcement" around here, namely the SEC scam, simply said: We didn't understand Enron.

And the entire Wall St. fraud spin machine who pushed the junk at $80 simply said too: We didn't understand.

So, when the above fraudulent pile of garbage pleads ignorance - well, we can probably forgive a little misunderstanding from the press.

The next bankrupt basket case
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