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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Chispas who wrote (78105)6/12/2002 7:21:03 PM
From: Chispas  Read Replies (3) of 99280
 
Another Day, Another Scandal

"It seems to me that each day I turn on the news, someone or some company is being arrested, indicted or investigated for some sort of securities fraud or manipulation. Today it was the former CEO of ImClone Systems, Inc., Sam Waskas. Mr. Waskas was arrested by the FBI and charged with insider trading. Also today, Omnicom, an advertising company, used a practice of making payments for acquisitions over several years and may have understated liabilities. <snip>"

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