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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Earlie who wrote (180537)7/17/2002 2:33:13 AM
From: James C. Mc Gowan  Read Replies (1) of 436258
 
Hi Earlie. I watched Greenspan's testimony today. That exchange about the corporate scams was interesting.
He said that the abuses would be of 'historical interest' and the Congressman replied that his constituents who would be victims of future, as yet, unrevealed revelations of fraud would not consider them to be history, not yet, until they were revealed and they had lost more of their money.

Not so fast, Greenie.

Also, Greenspan stated that more scams were unlikely to be
INITIATED, because high stock prices and similar incentives were gone.
So the old guy, is looking pretty tired here, and trying to spin the bad news as old news, with a great day ahead.
Yeah,right.
James
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