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

To: Zoltan! who wrote (228900)	2/20/2002 11:18:01 AM
From: MSI	Read Replies (2) \| Respond to of 769670

The exemptions didn't take down ENE and the market. The lack of honest accounting took down the market You're confusing "exemptions" and "accounting" If you account for the exemptions, you can see liabilities, rather than lie about them. You still have thousands of offshore trusts. But you at least know the liability for those trusts exists against the stock of the company. This was not done. Because the CPA firms had a conflict of interest. If they had done that, we would have seen different results. Like - Enron has no profits Yes, they have exemptions. But no profits. That wouls have prevented what we are now seeing in the overall market.