PRESIDENT GEORGE W. BUSH Message Board

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Politics : PRESIDENT GEORGE W. BUSH

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To: JDN who wrote (326953)	12/9/2002 5:59:45 AM
From: Baldur Fjvlnisson	Read Replies (3) of 769670

RE: $3,000,000,000,000 How on earth is this mess collateralized? The assets are off accounts too?? The interest costs? Maybe they keep those expenses outside of the books too? Isn't time to really start shoveling the dirt, "right" scams, corruption, coverups and criminality and deception out into public view where it belongs? SEC Proposes Making Companies Disclose Off-Books Debt (Update1) The Securities and Exchange Commission proposed that U.S. companies be required to disclose an estimated $3 trillion in off-balance-sheet debt, a reaction to Enron Corp.'s collapse. Bloomberg news, Oct 30 2002 quote.bloomberg.com/newsarchive/?sidenav=front

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