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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (94124)	7/13/2002 2:31:34 PM
From: LTK007	Respond to of 99280

<<Barron's: On Wall Street, Aug. 14 is high noon: it is the appointed moment when the wrongdoers are to show their faces to the fearful populace. But unlike in the powerful Gary Cooper film, the identities of the bad guys aren't even known. That is the date by which the SEC is requiring CEOs of 945 of the largest companies to attest to the accuracy and propriety of all company financial documents dating back to their 2001 annual reports. Thereafter, CEOs will have to sign off personally on the veracity of their accounts, at the risk of personal liability for misstatements.>> this is , i feel going to lead to more scandal revelations and a run to downgrade future guidance. Senator McCain in one of his talks last week, said "from the evidence i have seen there be likely more scandals ahead". And he has seen things we have not seen. Max p.s. however the greatest defeat thus far regards reform was noted when McCain said "The Fix is In" regards the McCain/Levin Bill being hit with closure.