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Technology Stocks : WCOM
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To: Rob S. who wrote (9073)2/5/2002 11:12:06 AM
From: Oeconomicus  Read Replies (2) of 11568
 
The checks and balances they are supposed to supply has weakened.

Weakened from what? When? You still seem to be longing for some lost shareholder utopia you imagine. Rob, the fact is that the US has higher legal standards and tighter financial reporting requirements than most, if not all, other industrialized nations. Can it be improved? Sure, but you and many others seem eager to indict all managements and boards of directors based on the misdeeds of thieves at Enron. Frankly, it's emotionally driven bullshit at best and, at worst, it's self-serving sensationalism.
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