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To: Knighty Tin who wrote (147179)1/30/2002 12:20:17 PM
From: GraceZ  Read Replies (2) | Respond to of 436258
 
what amazed me is that accounting standards could fall to their worst levels ever and stay at those levels for the better part of a decade

A suspension of disbelief, as long as stocks were going up people didn't want to question. Now they are looking for culprits.



To: Knighty Tin who wrote (147179)1/30/2002 12:31:51 PM
From: Petrol  Read Replies (1) | Respond to of 436258
 
<<Actually, what amazed me is that accounting standards could fall to their worst levels ever and stay at those levels for the better part of a decade >>

My experience with Houston is that there is NO reality SO great that you can't just ignore it.