Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (1644)	7/8/2002 5:49:07 PM
From: Raymond Duray	Read Replies (1) of 89467

RELIANT RESOURCES: UNEXCELLED MEDIA MANIPULATION Jim, This Yahoo News on REI is amazing: finance.yahoo.com Same news blackout here: siliconinvestor.com Same here: cbs.marketwatch.com Same here: tools.thestreet.com Not a single mention of the restatement. Someone is doing a hell of a job of hiding the truth from the typical news reader. """""""""""""""""""""""""""""""""""""""""""""""""""""""""" The real story: Message 17703642 ACCOUNTING SHOCKER: RELIANT RESTATES biz.yahoo.com money.telegraph.co.uk. Reliant owns up to $7.9bn accounts error By Edward Simpkins (Filed: 07/07/2002) Reliant Resources, the $2.5bn Houston-based energy trading and generating company with offices in London, admitted late on Friday that it has artificially inflated its revenues by more than $7.9bn over the past three years. """"""""""""""""""""""""""""""""""""""""""""""""""""""""" Damn clever timing on the Yahoo announcement. It was buried by the posting of this morning's updates. Total manipulation of the news cycle. Brilliant and devious. You really had to dig to find this one: biz.yahoo.com -Ray

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