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

To: MSI who wrote (228889)	2/20/2002 11:04:40 AM
From: Zoltan!	Read Replies (1) \| Respond to of 769670

>>Levitt's idea was for accountability, disallowing CPA firms to offer consulting advice. That would have prevented much of the problems we're seeing. Levitt - talking about accountabilty? That's an obvious diversion from his failure to do his job. The SEC's exemptions - under Levitt - appear to have allowed most of what Enron did to hide its condition from investors. The article and statements make clear that had the SEC not granted the exemptions, Enron could not have done what it did. >>Had those reforms been implemented we would be seeing a different picture. Conjecture and a diversion. Had Levitt done his job, we surely would have seen a different picture. >>No thanks to Congress You have it backwards, Congress refused Enron the favors that the CLinton SEC granted. Levitt's SEC allowed Enron to do an end run around Congress - apparently leading to all the problems.