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Strategies & Market Trends : Wall Street Analysts

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To: Patsy Collins who started this subject	1/24/2002 11:55:42 AM
From: Patsy Collins	Read Replies (1) of 167

My 2 cents: Enough of the Enron news. Frankly, people lose money all the time in the markets. Just because Fortune magazine is stupid enough to "ever" rank Enron as the 7th largest industrial company in the US is Fortune's fault. Maybe the government should investigate into how Fortune ranks US companies. Then the government should look into how Wall street rates companies. Next the government should look into why ex Treasury Secretary Bob Rubin helped stopped the accounting board from over hauling the accounting standards (or total lack of it) concerning off-balance sheet derivatives transactions. And how timely it was for Rubin to next accept a lucrative job at Citicorp; the place with perhaps the largest amount of off-balance sheet transactions in the universe. Come on! Who can we believe on Capital Hill! All the news on Enron is there because shops like CNN, CNBC, Fox have no better stuff to broadcast since 9/11/2001. What I want to know is who in the media decided to stop investigating into the Chandra Levy disappearance. And how Mr. "Dorian Gray" Gary Condit could have the balls to run for re-election. This man has got to have had private consultation with O J Simpson.

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