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To: Stu R who wrote (119916)	6/5/2002 5:24:26 PM
From: hueyone	Respond to of 152472

You may be right. Perhaps we do not have to return to the "scene of the crime---Congress" to undo the damage that has already been done. You may be interested to know that Senator Lieberman not only led a charge to shut down the FASB proposal in 1993-4, but also threatened to shut down the FASB completely as a retaliatory act for having the gall to suggest that corporations should be expensing their employee stock options on reports to shareholders. Having been subjected to that kind of vehement response from Congress back then, it wouldn't surprise me if the FASB is now too frightened to try to stand up and do the right thing a second time. Best, Huey