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

To: opalapril who wrote (2650)	2/8/2002 1:27:45 AM
From: JBTFD	Read Replies (1) \| Respond to of 5185

My nominee is: the $52 trillion derivatives exposure. That's 4 times GDP. Packaged and sold to people who dont really know the risks of what they have purchased. occ.treas.gov

To: opalapril who wrote (2650)	2/8/2002 5:29:27 PM
From: Mephisto	Read Replies (1) \| Respond to of 5185

"It's way past time analysts started down grading companies with pusillanimous boards that routinely approve ridiculously high CEO salaries." opalapril, I agree but I don't know what we can do about it. Enron isn't the only company with inside sellers. In an article I posted awhile back, it was reported that Oracle's LE sold a large chunk of stock four or five weeks b4 the company announced that it wouldn't meet earnings. I was surprised that Skilling didn't take the Fifth. Skilling must have shredded all the evidence that would implicate him in a criminal investigation. Otherwise, I do not believe he would have testified b4 Congress. Opinion?