Semi-Equips - Buy when BLOOD is running in the streets! Message Board

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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!

LRCX 146.78

-1.0%

3:15 PM EST

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To: chomolungma who wrote (10250)	3/6/2002 8:58:23 AM
From: Katherine Derbyshire	Read Replies (1) of 10921

>>The fact that Enron had too much debt and took risks with that debt is appalling, but I don't know of any laws that prohibit it. << Well, there is the little matter of having Enron executives manage both sides of those partnerships. Clear conflict of interest, especially given that the executives got more financial benefits out of it than Enron did. And given that the accounting construct turned out to not actually take risk off the Enron balance sheet, the whole mess also starts to look like a deliberate attempt to deceive Enron's shareholders. Hmmmm.... Deliberately deceiving shareholders in order to enrich individual executives at the expense of the company they supposedly work for. If that isn't illegal, it should be. Katherine

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