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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Mike M2 who wrote (165702)5/14/2002 11:32:14 AM
From: Ahda   of 436258
 
The S&P article could start a whole new ball rolling. There have been many small type of enron suits and they did not get enough public attention to force change.

Auditors are going to have to be more careful as Anderson is clearly showing you will get sued for duping the public. so the dupe lines will have to be refined. VBG

There could be many companies restating now on the advice of their auditors. The more creative they were the more negative the figures will be.

This era is not one where a client can skim off the top where it cannot be traced. Cash skimmed is darn hard to trace if it is not in the figures you can't find it. Viva old Las Vegas but Viva wire now.
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