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Technology Stocks : WCOM

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To: tejek who wrote (11260)7/12/2002 11:11:13 AM
From: FNS  Read Replies (2) of 11568
 
Tejek and R.D. Buschman: Thank you for your comments to my to my post.

I realize that there are bills and amendments currently in Congress to tighten up integrity and accounting practices and to get the CEOs essentially to be liable via sign off....but I think old laws and customs could still be enforced to jail these guys... I even recall an old 1977 Foreign Corrupt Practices Act was amended to include USA companies and respective management to ensure proper accounting and integrity. Not a lawyer, but I think we need to make haste and enforce existing laws against Anderson/Enron and WCOM upper responsible/management and determine where existing LOOPHOLES are - and then fix them!

Greed will always exist -- but corporate crooks who financially devastate the lives of their employees and shareholders should burn in hell, so to speak! "In God We Trust!" Well, let's hope we can trust Congress to act accordingly! IMHO!

fns
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