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

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To: Softechie who wrote (93833)7/12/2002 5:11:32 AM
From: LTK007  Read Replies (2) of 99280
 
<<But Rep. Michael Oxley, R-Ohio, chief architect of the House bill, suggested a "cooling off period" until the fall in efforts to draft a final compromise.

Oxley, chairman of the House Financial Services Committee, derided the Senate's labors as a "feeding frenzy ... get an amendment out and send out your press release.">> Oxley lives in the pocket Corporate America like he is their pet mouse. As head on Financial Committee, he is the number one obstacle of any substantial change. i will never forget his fawningly polite statement that Ebbers be allowed to leave the proceedings without having to face questioning and have to plea the fifth over and over. When one person asked Ebbers 'Can you sleep at night?" he read the fifth with a smirk on his face, he was holding back from out right laughing.
And even though S&P will charge stocks option as an expense they will be doing so of their own independent decision, as even though McCain, Greenspan and Buffet are campaigning for counting stock options as an expense, they today are saying the bill doesn't have a chance to pass, big business is applying every thing they have to stop this one.
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