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To: Joan Osland Graffius who wrote (144922)	1/20/2002 4:42:44 PM
From: Jack Clarke	Read Replies (2) \| Respond to of 436258

Joan: "It is starting to look like the the major media companies are shoring up their staffs on investigative reporting of Corporate accounting. If this happens the stock market is doomed. " In this regard, I was impressed by a statement made by Joseph Berardino, CEO of Arthur Andersen today at the end of his interview by Tim Russert, on "Meet the Press". Mr. Berardino stated, "There's a crisis in terms of the whole capital market's reporting model." Indeed. Perhaps the Enron thing will force some honesty into those distorted reports Wall Street so depends on. Best, Jack

To: Joan Osland Graffius who wrote (144922)	1/20/2002 5:34:05 PM
From: ild	Read Replies (1) \| Respond to of 436258

LA Times on shortsellers: Fleck, Tice, Grant mentioned 'Short-Sellers' in Enron Finally Get Their Due latimes.com

To: Joan Osland Graffius who wrote (144922)	1/21/2002 8:25:50 AM
From: Earlie	Read Replies (2) \| Respond to of 436258

Joan: They need to. Up here, I can think of only a few journalists who know what a balance sheet is. I should add however that I have been getting calls from some others who are genuinely interested in digging into this accounting nonsense and that is very encouraging. For too long, the attitude displayed by most reporters when accounting fraud was brought up as a topic was to raise their eyes to the ceiling. I hope the interest lasts long enough to cause at least a bit of change. Best, Earlie