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Strategies & Market Trends : The New Economy and its Winners

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To: Lizzie Tudor who wrote (12519)7/2/2002 1:11:46 PM
From: techanalyst1  Read Replies (1) of 57684
 
Well... I have no idea about wcom or their accounting. I am specifically asking why no one from enron was indicted while a ceo goes to jail for insider trading. In the first case we have a company that clearly caused much pain and financial ruin for many people while the insiders profited. In the second case we have a guy who profited. But his profiting didn't change what happened to the stock in the beginning anyway.

So now we hear talk of sending people to jail and disgust with wcom. I'm asking why with that disgust, was nothing done to the insiders at enron? Why use wcom as a whipping boy and do nothing to a company and their insiders that already have been hauled before congress?

And another thing...... this picking on Martha Stewart. Ok, maybe she's guilty. I'm sure there are plenty of others that are guilty too, so maybe that puts fear in those that trade on inside info. But it pales in comparison to what happened at enron.

I'll tell you that if they find her guilty and send her to jail.... ok... maybe she should go, but if they do NOTHING to those at enron, I'll just be all the more disgusted.

TA
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