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


To: Ish who wrote (1438)2/9/2002 6:00:09 PM
From: Jerry in Omaha  Read Replies (1) | Respond to of 3602
 
<<So you are buying how many shares @ $125 per share? >>

You won't find me rising to your bait, Ish, sorry. :-(

We have nothing of any productive or informative worth to exchange.

Jerry in Omaha



To: Ish who wrote (1438)2/9/2002 6:53:13 PM
From: KLP  Read Replies (1) | Respond to of 3602
 
The Cop Chasing Cheney (is a 15 year Clinton appointment!!!!!)

Capital Wrapup

At least one member of the green-eyeshade set is taking his job seriously. Just hours after the State of the Union address, U.S. Comptroller General David M. Walker, the feds' top auditor, said he would sue the White House to obtain details on Dick Cheney's meetings with energy interests last year. Walker, as head of Congress' investigative General Accounting Office, wants the Veep to disclose who was there and what they discussed while Cheney was crafting energy policy.

Enron and Cheney aren't Walker's only targets. On Jan. 25, Walker, a former partner at Arthur Andersen, moved to force accounting firms to apply a higher standard to their government audits than to their private ones. Walker hopes his new rules will help the push for stiffer overall standards. He has invited execs from the Big Five, FASB, the Conference Board, and others to a Feb. 25 closed-door meeting at which he hopes to persuade them to tighten their self-regulation, too. A summary of that meeting will be made public, Walker assures BusinessWeek.

What is Walker getting for his efforts? Serious heat from Republicans, who are steamed that Walker would butt heads with the White House just a day after Bush's Big Speech. Others question his stance on accounting regs,given his former role at Andersen. "We need a GAO to investigate the GAO," says one GOP aide. But Walker might be the only person in Washington diving into the Enron scandal without risk. An independent, Bill Clinton appointed him to a 15-year term in 1998. The only way to get rid of him is impeachment.

By Lorraine Woellert
businessweek.com:/print/magazine/content/02_06/c3769068.htm?mainwindow