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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?


To: Thomas M. who wrote (83321)8/26/2000 2:37:17 PM
From: Don Lloyd  Respond to of 132070
 
Thomas -

[...The Theory of Holes

Hoping to improve financial reporting, the SEC has dug up the
wrong solution...]

Having already decimated liquidity for the vast majority of stocks, and being in the process of eliminating 90% of corporate information flow between quarterly reports, it would be no surprise for the SEC to destroy whatever little chance exists that an accountant might actually find and report something negative.

Regards, Don