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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: JEB who wrote (225996)2/7/2002 1:41:30 PM
From: DuckTapeSunroof  Read Replies (3) | Respond to of 769670
 
And my one point was that a systemic problem (accounting industry conflicts of interest) which potentially cross all boundaries, affect all industries... must be a larger issue than the fate of any SINGLE company, no matter how big the company.

Therefore, an administrative waiver to any SINGLE company could not possibly be as serious an issue as a systemic conflict of interest in the entire accounting industry... upon whose numbers all investors depend.



To: JEB who wrote (225996)2/7/2002 10:12:34 PM
From: Zoltan!  Read Replies (2) | Respond to of 769670
 
>>I believe his point is about the one error that was the genesis of Enron's downfall. You cover all the other points which are problems too but ancillary to stopping this from happening again. An investigation of the SEC waiver is mandatory and those involved need to be held accountable.

Precisely. He goes way out of his way to avoid the problem.

It's amazing what a clouded mind can come up with.