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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (100408)	5/7/2001 9:45:09 PM
From: JRI	Read Replies (1) \| Respond to of 436258

Patron- This guy's nomination is yet another defeat for the small investor... The crooked game just got more crooked (if that's even possible)

To: patron_anejo_por_favor who wrote (100408)	5/7/2001 9:53:33 PM
From: Lucretius	Respond to of 436258

roflmao... the wolf enters the hen house... LOL

To: patron_anejo_por_favor who wrote (100408)	5/7/2001 10:18:29 PM
From: At_The_Ask	Respond to of 436258

Pitt has been a critic of the SEC's Regulation Fair Disclosure, which forbids selective disclosure of company news. While it was still a proposal, he said any rule ``could create a serious problem for public companies that may be made afraid to talk to analysts at all.'' What he means is many companies earnings are so shitty they are to afraid to tell analysts, but they really would hate to tell investors. Pitt, while representing large U.S. accounting firms, also criticized an SEC proposal that sought to avoid conflicts of interest among auditors whose firms also provide consulting services. ``Performance of non-audit services can improve the audit function,'' he wrote in June 1998. The SEC proposal, pushed by Levitt, was approved by the commission last November. What he means is "These guys will give me a Fat consulting job later on if I help them out"