Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Oral Roberts who wrote (1571)	2/12/2002 4:22:00 PM
From: Augustus Gloop	Read Replies (1) \| Respond to of 3602

I don't think we'll ever totally KNOW the whole ENE story. It seems to me that both parties are guilty of taking money which calls the whole system into question. Worst of all it raises doubts about how effective the SEC has been in their job. ENE may be the largest Corp. to go under due to cooked books but it wont be the last. We should be more concerned about the other potential bombs out there due to SEC oversight. See, their job is to oversee not overlook! This to me is of greater concern than which party took money from ENE because THEY BOTH DID. That said you must understand partisans all suffer an incurable disease . . . . . . . . . . . . . . . . . . Stupidity

To: Oral Roberts who wrote (1571)	2/12/2002 8:02:02 PM
From: Gordon A. Langston	Read Replies (1) \| Respond to of 3602

I've seen some reports that Ford and the GAP retail stores are candidates for credit downgrades. Some smaller credit watch firms who are more nimble and less beholdin' to business got the jump on the Enron mess by about a month. Ford had two crisis, the Explorer/tire fiasco and then the departure of Nasser and his premium car obsession.