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To: Earlie who wrote (180537)	7/16/2002 10:24:41 PM
From: maceng2	Respond to of 436258

Well, market reversals have a lot to do with confidence you know -g- A lot of guys who bought into previous happy statements that we were turning the corner, probably are a bit short of cash for re investment now. When they stop laying off thousands of people will be the time to go long. Accounting accuracy is not going to bring any short term relief imho. Cats out of the bag now, everyones going to be learning up on how to spot accounting tricks. ----------------------------------------------------- For students, Accounting Fraud 101 More colleges offer courses on corporate abuse msnbc.com

To: Earlie who wrote (180537)	7/16/2002 10:42:07 PM
From: Activatecard	Respond to of 436258

derivative trouble brewing? biz.yahoo.com

To: Earlie who wrote (180537)	7/17/2002 2:33:13 AM
From: James C. Mc Gowan	Read Replies (1) \| Respond to of 436258

Hi Earlie. I watched Greenspan's testimony today. That exchange about the corporate scams was interesting. He said that the abuses would be of 'historical interest' and the Congressman replied that his constituents who would be victims of future, as yet, unrevealed revelations of fraud would not consider them to be history, not yet, until they were revealed and they had lost more of their money. Not so fast, Greenie. Also, Greenspan stated that more scams were unlikely to be INITIATED, because high stock prices and similar incentives were gone. So the old guy, is looking pretty tired here, and trying to spin the bad news as old news, with a great day ahead. Yeah,right. James