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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: stockman_scott who wrote (47310)1/31/2002 12:40:34 PM
From: Jim Willie CB  Read Replies (1) of 65232
 
the list of culpable for Enron grows
I expect all Enron directors, all top VP's, all involved Anderson auditors, and most (if not all) Anderson partners to be subjected to a ruthless application of the RICO laws for seizure

did I read correctly?
there are 2500 Anderson partners?
time to sell those boats on Lake Michigan

I am beginning to have a good feeling about the aftermath
better accounting honesty
less chicanery on balance sheet reporting
less aggressive methods on writeoffs and R&D during acquisitions
perhaps eventually separation of consulting and auditing
it will reduce stated earnings, but increase reliability

the entire question of offshore banks, offbalancesheet crapp will have to be resolved

I am not saying anything new
only some clean air might follow this wicked storm
oy, jim
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