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Pastimes : Ask da_cheif -- Ignore unavailable to you. Want to Upgrade?

To: NOW who wrote (7866)	1/15/2002 11:21:54 AM
From: Chip McVickar	Respond to of 8150

Thanks davidd..., the smaller players at this juncture would kind-of be expected and not have much effect on general markets. However, if the largest S&P + Nasdaq companies are active in creative accounting then the congressional peek into corporate finances and the resulting changes to accounting laws would cause a serious change in some balance sheets and earnings presentations of those companies involved. Good Capitalists are always seeking ways to get through closed doors and into new territory..., that's fine, but there has to be regulation to accountability. Only trouble with Enron..., they were so good at hiding they circumvented those who were watching, by acceptable political bribes and a crooked accounting overseer in Houston. Maybe MSFT is creative and SUN and CISCO and etc...! Maybe Ford was and is now giving up....? This could be a long spring into summer as revelations come out of the oversight committees that were apparently unaware during the Clinton Administration. Chip