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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Jim Willie CB who wrote (1110)	7/1/2002 10:02:50 PM
From: crdesign	Read Replies (1) \| Respond to of 89467

It appears gold is doing exactly what it should be doing right now. Every couple months the cycle falls thru the 50dma. 10 more days uder the line is all it should take to realize a new move up. Freight train commin thru. quotes.ino.com Timmy the train

To: Jim Willie CB who wrote (1110)	7/1/2002 10:08:12 PM
From: stockman_scott	Read Replies (1) \| Respond to of 89467

That '90s boom? It seemed so real at the time csmonitor.com

To: Jim Willie CB who wrote (1110)	7/1/2002 10:19:14 PM
From: stockman_scott	Respond to of 89467

CEOs: Back To Ethical Basics Commentary > The Monitor's View The Christian Science Monitor from the July 02, 2002 edition My, how Enron, WorldCom, and other business scandals have altered the national mood! "Could Capitalists Actually Bring Down Capitalism?" asks a New York Times story. The Monitor today also looks at the betrayal of capitalism by some chief executive officers (see story). Of course, free enterprise will survive this challenge, as it has so many others. Probably some needed reforms will be made in the system. Thoughtful business leaders are now pondering what has happened that so many executives have strayed from the straight and narrow. CEOs, like other human beings, are complex in their motivations. But it seems clear that several factors may have led them into ethical trouble. One is moral contagion. If an executive sees other executives cooking the books to please stock market analysts, it becomes easier to take the same path. Egos are involved. Ethical backbones aren't always strong enough to resist the temptations. Another problem is stock market options. They provide an incentive for CEOs and other executives to use bookkeeping tricks to pump up the value of their stocks unrealistically. Options have pushed executive compensation to unnatural heights in recent years. Greed must be restrained. The popular, supercapitalist view that shareholders are the only corporate stakeholder that counts has provided an excuse for excesses. Other stakeholders, employees, and community count only if it helps stock values. To a degree, CEOs must again see themselves as statesmen, balancing the needs of all the stakeholders. csmonitor.com