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To: stockman_scott who wrote (170065)	7/2/2002 2:03:05 AM
From: Sr K	Read Replies (1) \| Respond to of 176387

Reminds me of Tyco's intra-company transactions such as (from CIT's S-1/A): (2) On September 30, 2001, we [Tyco Capital, later CIT] sold certain international subsidiaries, which had assets of $1.8 billion and liabilities of $1.5 billion, to a non-U.S. subsidiary of Tyco for a note in the amount of approximately $295 million. This sale did not affect earnings for the period ended September 30, 2001. On February 11, 2002, we repurchased the international subsidiaries that we had previously sold to an affiliate of Tyco.

To: stockman_scott who wrote (170065)	7/2/2002 8:56:55 AM
From: Sig	Read Replies (2) \| Respond to of 176387

President Bush, the businessman of great persuesion (sp?), went to a Capital reeking with lawyers and politicians. Despite the desire to root out terrorism regardless of where it originates, politics severely limits the options It would not be "politically correct" to go in and bomb the camps in Saudi-Arabia where those terrorists originated. The same thinking applies to any changes in business rules that would be unpopular with company executives who channel campaign contributions to the law makers. I do not expect much good to come of the proposed changes to help individual investors. since the horse is already gone from the barn before they act. A President has great powers in some aspects ( Clinton could pardon felons) , but is properly very constrained in other important matters. Sig