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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: M0NEYMADE who wrote (78909)	7/11/2002 9:16:11 PM
From: Edscharp	Read Replies (1) \| Respond to of 122087

moneymadetrader, There is nothing wrong in talking about women....except when it nothing more than a transparent attempt to portray your life as better than others. It is my experience that those with secure and happy sex lives are, much more often than not, not predisposed to boasting. Yet, you feel the need to boast. Gawd, you've even made a sad attempt to imply that I am a non-hetero. Pathetic...pathetic....pathetic. Keep it coming, moneymadetrader. I live for these kinds of exchanges.

To: M0NEYMADE who wrote (78909)	7/12/2002 2:45:01 AM
From: Bob White	Read Replies (1) \| Respond to of 122087

Add 'homophobic' to moneymade's list of sparkling character traits.

To: M0NEYMADE who wrote (78909)	7/12/2002 4:54:08 AM
From: M0NEYMADE	Read Replies (1) \| Respond to of 122087

SAY IT AINT SO! "Ebbers knew as Sullivan sings like a songbird" Rep. Tauzin: ex-WorldCom CEO knew rules were broken biz.yahoo.com WASHINGTON, July 11 (Reuters) - WorldCom Inc.'s former chief financial officer told company lawyers that then-chairman Bernard Ebbers knew certain expenses were shifted to other accounts in violation of accounting rules, a lawmaker investigating the fraud scandal said on Thursday. ADVERTISEMENT Scott Sullivan, WorldCom's former CFO, was fired for his role in a nearly $3.9 billion accounting scandal in which expenses were improperly transferred to capital spending accounts, forcing WorldCom to have to revise its financial records for 15 months starting in 2001. The firing of Sullivan and the public disclosure of WorldCom problems both took place on June 25. Appearing on CNN's "Moneyline," Rep. Billy Tauzin, chairman of the U.S. House Energy and Commerce Committee, said he learned this week that Sullivan told lawyers who conducted an internal investigation at WorldCom that Ebbers was aware of improprieties. "The fired CFO of the company, the guy in charge of financial affairs of the company, admitted to those lawyers that the chairman of the company, Bernie Ebbers, did in fact know that millions of dollars, hundreds of millions of dollars had been moved into capital debt rather than expensing it as ordinary debt of the corporation," Tauzin said in the interview. "So this is the first evidence that we have at least the CFO is saying to attorneys within the corporation that his boss, the CEO of the company, actually knew that the books were being cooked," said Tauzin, a Louisiana Republican. Investigators for Tauzin's committee met recently with WorldCom attorneys who said they had interviewed a number of people about the scandal, including Sullivan and Ebbers, according to Tauzin spokesman Ken Johnson. The lawyers said that Ebbers denied any wrongdoing, Johnson said. Ebbers's attorney was not immediately available for comment. PLUMMETING STOCK PRICE Ebbers resigned as president and chief executive of Clinton, Mississippi-based WorldCom on April 30, bowing out in the face of a plummeting stock price, a mountain of debt and investigations into the more than $400 million in personal loans he received from the struggling company. A founder of WorldCom predecessor LDDS, Ebbers built WorldCom into the No. 2 long-distance carrier over a period of 17 years reshaping the U.S. telecommunications industry through a string of 60 acquisitions. WorldCom fired Sullivan on June 25 after the internal audit that began in May uncovered the improper accounting and Sullivan failed to sufficiently explain his book-keeping practices. The U.S. Securities and Exchange Commission has sued WorldCom, alleging the company counted $3.85 billion in expenses as capital spending over five quarters starting in 2001, hiding some $1.22 billion in losses during that period. It is also the focus of probes by the Department of Justice and the U.S. Congress. Both Sullivan and Ebbers were subpoenaed to testify on Monday at a House Financial Services Committee hearing examining the accounting debacle, but they refused, invoking their constitutional right against self-incrimination. While declining to answer the committee's questions on advice of counsel, Ebbers delivered a statement in which he said he had nothing to hide. "When all of the activities at WorldCom are fully aired and when I get the opportunity -- and I'm very much looking forward to it -- to explain my actions in a setting that will not compromise my ability to defend myself in the legal proceedings arising out of the recent events, I believe that no one will conclude that I engaged in any criminal or fraudulent conduct during my tenure at WorldCom," Ebbers said.