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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (130153)10/18/2001 6:12:42 PM
From: RocketMan  Read Replies (2) of 436258
 
This asymmetrical treatment should not pass the accounting smell tests, yet analysts and media types let it go time after time.

You gotta get with the program:

"This whole thing is a confidence game, and you better damn well think carefully of anything that can shake confidence," says E. Gerald Corrigan, a Goldman Sachs managing director who headed the Federal Reserve Bank of New York during the 1987 crash. "A fundamental breakdown in the plumbing system can do that to public confidence in the financial markets, and in particular, the stock market."

Smell tests have been shut down.
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