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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (48639)	3/14/2002 1:26:11 AM
From: Cactus Jack	Read Replies (5) \| Respond to of 65232

Scott, <Nevertheless, Enron opted to stick with V&E for the inquiry. On Oct. 15, the law firm reported that the practices caused concern "because of the bad cosmetics" and could result in adverse publicity and litigation, but warranted no "further widespread investigation by independent counsel and auditors." The Powers report subsequently concluded the firm applied "less skepticism than was needed" in conducting the review, which concluded that no further inquiry was warranted.> In my opinion, a lawyer's job is NOT to tell a client what it wants to hear; a lawyer's job is to tell a client what it NEEDS to hear. It will be interesting to see how this plays out. jpgill