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To: JGoren who wrote (115942)	3/24/2002 11:43:08 PM
From: Jon Koplik	Respond to of 152472

Maybe Maryland TV will bring in that "talented" Neil Cavuto. Jon.

To: JGoren who wrote (115942)	3/26/2002 11:22:31 PM
From: hueyone	Read Replies (1) \| Respond to of 152472

Wasn't there a discussion a while back where thread members (you?) interpreted Greenspan's remarks to be against changing accounting treatment for stock options? In these recent remarks, Mr. Greenspan is not in favor many new regulations, but when it comes to accounting for stock options, he is clearly in favor of companies including them as an expense on the income sheet. online.wsj.com WASHINGTON -- Federal Reserve Chairman Alan Greenspan cautioned lawmakers against responding to the wave of corporate governance and accounting scandals by increasing regulation, arguing the market already is enforcing higher ethical standards. But in his first formal remarks on corporate behavior following the collapse of Enron Corp., the central-bank chief also delivered a lengthy argument in favor of companies treating employee stock options as an expense, a proposal that is facing fierce business opposition. Mr. Greenspan said one step toward better earnings quality would be forcing companies to treat the value of stock options granted to executives and employees as an expense. To critics who argue that would lower reported profits and stock prices and make raising capital more difficult, Mr. Greenspan said: If investors are dissuaded by lower reported earnings as a result of expensing, it means only that they were less informed than they should have been. Capital employed on the basis of misinformation is likely to be capital misused." Best, Huey