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Politics : World Affairs Discussion -- Ignore unavailable to you. Want to Upgrade?

To: ChinuSFO who wrote (402)	7/16/2002 5:30:04 AM
From: GUSTAVE JAEGER	Read Replies (1) \| Respond to of 3959

Re: Accounting crisis. ROFL... Damfool Cheney blurted it: Mr Cheney's discomfort only deepened later in the week when a promotional video he recorded for Andersen in 1996 found its way on to the internet. In it, he warmly praises the now disgraced accounting firm: "One of the things I like that they do for us is that, in effect, I get good advice, if you will, from their people based upon how we're doing business and how we're operating, over and above the, just sort of the normal by-the-books audit arrangement." [...] news.ft.com Chinu, can you tell me what'll happen next? I mean, is it possible for the US Congress to impeach the Vice President? Who can replace him then? Can the Prez just "arbitrarily" appoint a surrogate of his choice? In that case, the Veep's no longer an elected running-mate... As regards the US pension funds, why are US workers compelled to bet the farm on their employers' stock only? Why not hedge part of their retirement stock on the S&P500 or any other composite index?! It makes more sense, doesn't it? We all know that on the very long term the Dow and the S&P 500 indexes beat all the other investment formulas... Gus