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Technology Stocks : Intel Corporation (INTC)
INTC 38.16+2.5%Nov 7 9:30 AM EST

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To: hueyone who wrote (178992)8/10/2004 5:14:44 PM
From: Robert O  Read Replies (1) of 186894
 
I thought the debate might be over when all the big accounting firms, the Financial Accounting Standards Board, and nearly all the top, independent financial and accounting scholars in the US agreed that stock options should be expensed, but lo and behold, it looks like the special interest beneficiaries of the scam are once again going to be able to buy a continuance of the scam in the halls of Congress.

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I liken it to the [continuing] power of big tobacco special interests. Even today with nigh every expert on the planet 'outing' tobacco as a killer, the product can still be easily purchased (or have it purchased) by just about anyone and second hand smoke continues to contribute to health issues the world over. Sickening.

Wherever there is big big money involved folks always look back and wonder what the heck took so long for such obvious schemes to be outed and acted on. Both horrific frauds on the public that continue mildly abated.

RO
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