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

To: elmatador who wrote (2504)	2/5/2002 7:31:53 PM
From: Raymond Duray	Respond to of 5185

elmat, Re: Companies pledge better 'corporate citizenship' BUSINESS ETHICS: That was hysterical! Vernon Ellis, international chairman of Accenture, the management consultancy, and a signatory and instigator of the statement,.... This is the turkey who headed the firm that helped Enron make it's End Run around the regulators and tax man and loot the company with his devilishly devious partnership agreements and OTC derivatives accounting. Ellis: What a snake. FT: What a snow job! FT's credibility just sank to a new low. Thanks for the laugh. -Ray

To: elmatador who wrote (2504)	2/6/2002 3:06:20 AM
From: Baldur Fjvlnisson	Read Replies (1) \| Respond to of 5185

Yeah, yeah, yeah. And the SEC scam pledges this and that. Learn from experience; take it all with a ton of salt. The system is basically built on crime and any radical reforms would collapse it. So it won't happen. But it'll still collapse under the weight of fraud, self-serving and criminality. It's a beautiful catch-22 situation. We need some bank failures to get the ball really rolling. Enron is peanuts compared to JPM-Chase house of cards. That junk will topple soon and nobody will have a clue.