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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: LindyBill who wrote (473)1/18/2002 10:40:19 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 3602
 
As I said before, the investors are out their money, the employees are looking for jobs, and the Company Officers will face trial. That is supposed to be how it works in a Capitalistic system. Everything else is just yak-yak. You don't need an investigation to handle it.

Yup, we actually agree on this point.



To: LindyBill who wrote (473)1/18/2002 11:13:43 PM
From: stockman_scott  Read Replies (1) | Respond to of 3602
 
LIGHT HUMOUR...

Kmart Hires Arthur Andersen

Ailing retail giant Kmart today announced it would not have to declare bankruptcy after an audit conducted by its newly hired accounting firm, Arthur Andersen, found no records of ANY company finances whatsoever.

"Our previous accounting firm told us we lost $224 million in the fiscal third quarter, but Andersen has informed us that, at least on paper, we didn't EVEN HAVE a fiscal third quarter," said CEO Charles Conaway. "What a difference proper accounting makes." Andersen executives did not return several messages.