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Technology Stocks : MRV Communications (MRVC) opinions? -- Ignore unavailable to you. Want to Upgrade?


To: Greg h2o who wrote (37525)12/12/2001 3:58:42 PM
From: Dee Jay  Read Replies (2) | Respond to of 42804
 
I read the article and while it does state there has been a dramatic shift, as the snippet below indicates, it doesn't come right out and say Republicans anywhere...though you can extrapolate that since the changes in executives have occurred under GWB:

"...In theory at least, all this seems a radical shift from the heyday of Arthur Levitt, who took a consistently hard line on accounting shenanigans. "Accounting cases were always a significant part of the agency's inventory," notes
McLucas, but "the enforcement division has been quite aggressive" in the past few years. Indeed, in the three
years that followed Levitt's famous "numbers game" speech in September 1998--from October 1, 1998, to September 30, 2001--the division brought lawsuits against at least 90 companies and 54 CFOs for financial-statement fraud, including such high-profile targets as Sunbeam, McKesson HBOC, and Cendant.
Meanwhile, major corporations such as Lucent, Raytheon, and Xerox are among the 250 or so cases still under SEC scrutiny, with probes widening within each firm."

Are you saying that Republican will REDUCE that kind of scrutiny which serves your clients' best interests (and your own) or that it's a mere coincidence if that happens while Republicans are in charge of the SEC's enforcement division?
Or that it's a good thing if that happens?

Or are you simply stating that reporting those facts and comments makes the writer biased and anti-Republican?

Dee Jay