Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: orkrious who wrote (259255)	9/6/2003 7:11:03 PM
From: Knighty Tin	Read Replies (3) of 436258

To All, A great piece in this week's Fortune, with Bill Gross and 3 other money guys on the cover. It seems that the gap between real earnings and pixie dust earnings touted by Wall Street, is widening tremendously again. The main reasons they quote are the strong dollar and scammy depreciation accounting. But I think there is one other reason: corporate execs are starting to see big returns in their co. stocks when they overstate eps, for the first time in nearly 3 years. So, fraud and criminality are back in a bull market and have never really suffered a bear market.

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