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Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 226.76+2.5%Dec 18 3:59 PM EST
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To: GST who wrote (142975)6/13/2002 2:05:59 AM
From: H James Morris  Read Replies (1) of 164684
 
The nascent global economic recovery begun earlier this year is threatened by the creeping number of corporate accounting scandals, the International Monetary Fund (IMF) has said.
IMF assessment
Corporate profitability threatens economic revival
More consolidation likely among banks
Inflows to emerging bond markets have fallen
Insurance companies more vulnerable to financial shocks
The wrongdoings have cast doubt over the quality of financial statements, sending stock markets reeling as investors pulled money out of stocks in search of safer investments.
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