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To: Lizzie Tudor who wrote (134)7/11/2002 4:22:54 PM
From: paul_philp  Respond to of 562
 
On the plus side, Peregrine dealt with the scandal well. As the news broke they fired the CEO and CFO and the auditors. The issued a rough estimate of the problem immediately. There was no denial, hedging or lying. From a crisis management POV they executed wonderfully. However, they did stuff the channel and it is a bad time to get caught.

Paul