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Pastimes : The Boxing Ring Revived

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To: Neocon who wrote (2607)	2/20/2002 11:09:28 AM
From: gao seng	Read Replies (1) of 7720

I am not sure what you mean! Maybe this previous article of Hutchinson's helps. Message 16976387 Especially the conclusions: To this extent, accounting is simply reflecting society as a whole. Its standards began to slip after 1980, as the baby boomers moved up through the corporate and accounting practice hierarchy. It reached its nadir in the late 1990s, as the baby boomers' influence over the U.S. economic system became overwhelming. If Strauss and Howe are correct, then true reform must wait. It will wait not only for the "Generation X" (born 1962-81) contingent, a bunch of cynical nihilists, but the generation after that, the "Millennials," who in the normal historical cycle will restore traditional civic and moral values. A side effect of "Millennials" in the work market will make company accounts once more a true reflection of what is actually happening. Regrettably, the "Millennials," born in and after 1982, will not reach positions of corporate or accounting partnership influence until 2017 or so.

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