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Technology Stocks : Compaq

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To: Night Writer who wrote (96589)3/28/2002 11:51:35 AM
From: The Duke of URLĀ©  Read Replies (1) of 97611
 
No, Enron is a case of lying. Normally failure to disclose may not be a lie, but if you are a CPA firm, whose DUTY it is to REPRESENT THE STOCKHOLDERS then omission is a lie.

Congresspersons, whose job it it to objectively represent all the people and reach just opinions based on their honest belief of what is right who sell that vote to the highest bidder, so that the "commodities" market would not be subject to disclosure to the shareholders, or who pass laws that allow banks to make secret loans to companies, are "Enronian" in their failure to disclose campaign contirbutions and this amounts to a lie.

A corporation who feels favorably disposed to deal with certain shareholders, if they would get the best deal for their shareholders is acting as legal as a shareholder who wants to prevent a merger because it will make him a little fish in a big pond.
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