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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (14223)	1/30/2002 3:34:53 PM
From: Raymond Duray	Read Replies (2) \| Respond to of 74559

Williams will survive, greatly chastised. The parent company took a big hit yesterday because of a delay in announcing financial results. Resulting from hidden liabilities in WCG. It's that damn lack of transparency thing again. The accountants have really shot themselves and the American capitalist system with this rigamarole. When the shoe drops, as it inevitably does, the game is over. Does Williams use Arthur Anderson for its audits? I don't know, but that's one company that single-handedly has done more to destroy American capitalism than any other I can identify. -Ray