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Non-Tech : The ENRON Scandal
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To: Mephisto who wrote (1446)1/29/2002 1:48:39 AM
From: Raymond Duray  Read Replies (1) of 5185
 
This is a lot worse than Watergate.

Depends on who you talk to. But generally, I would have to say that the American financial system is something that I hadn't really studied in great detail in the early 1970's and so I don't really know how rotten it was. Having spent the better part of the last three years studying the American financial system to see how I might profit from it, I have come away with a total revulsion for the corruption, chicanery and basic dishonesty of most every aspect of what I see. There isn't a whole lot of honesty to go around on Wall Street. And integrity is viewed as being merely quaint. The amorality of the system is so pervasive that many feel that if they can merely get legalistic dispensation, that they can call anything legal and ethical. Even blatant crocks of dishonesty like the way that Enron cooked its books. Oh yeah, we may go through this whole exercise and find that Enron did nothing illegal. That is the tragedy of this situation, where we have so distorted the concept of law, which once had something to do with justice, and now is only all about what we can get away with. It is a hell of a mess, and all the sanctimonious draping of statues in the Department of Justice by that idiot John Ashcoft isn't going to hide the fact that American jurisprudence has been corrupted by the highest bidder.

-Ray
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