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Politics : PRESIDENT GEORGE W. BUSH
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To: Kenneth E. Phillipps who wrote (336269)1/2/2003 12:17:57 PM
From: Baldur Fjvlnisson  Read Replies (1) of 769670
 
Soon Wall St. and their Washington properties will be

forced to deal with $3 Trillion in debt hidden off corporate balance sheets.

As few as 30% of the companies underlying the S&P 500
are technically bankrupt. Of course they won't all go
belly up but they will be forced to take drastic measures
to repair their balance sheets. Of course the same goes for millions of households.
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