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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Ahda who wrote (244127)6/5/2003 2:55:11 PM
From: B.REVERE  Read Replies (1) of 436258
 
They're pulling out because FASB and GAAP no longer apply according to the street,SEC the gov't embedded media.. Our standards for accounting have probably fallen below "their acceptable levels".In order to justify investing in governments and companies, where fictitious earnings and "repeating one-time adjustments" bastardize their balance sheets,you must either be ignorant of the facts or as corrupt as the offenders.
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