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To: Proud_Infidel who wrote (168588)7/22/2002 10:24:26 PM
From: carl a. mehr  Read Replies (2) | Respond to of 186894
 
*** OFF TOPIC
Good post Brian. George W. does not believe that people at Enron has done anything wrong or he would be demanding that Army Secretary Thomas White be placed behind bars. Thomas White is probably pretty safe having been selected by "Bossman George W." to the job of Army Secretary.

You might also have noticed that George W. only spoke out when the WCOM scandal broke.

It would be great to see the top 4 or 5 five people of each of those two companies in jail for next 20 years. I suppose the auditing firm of Arthur Anderson will take the blame and punishment.



To: Proud_Infidel who wrote (168588)7/22/2002 11:23:47 PM
From: L. Adam Latham  Read Replies (3) | Respond to of 186894
 
Brian:

The politicians in D.C. are not acting in the public's best interest, but rather their own. They are creating new laws that don't need to be created, which will erode corporation's profits through increased litigation, accounting, and consulting costs. The laws currently on the books simply need to be enforced - if they were I'm sure some people would go to jail. I personally think the markets are reacting to the over-reaction of Congress, and Bush could end the downturn by vetoing this legislation.

Adam



To: Proud_Infidel who wrote (168588)7/23/2002 12:26:24 AM
From: Ali Chen  Read Replies (2) | Respond to of 186894
 
Brian, "such as the CFO of WCOM who was fired(and who is now building a $40M home in FL). Bush could easily write an order to seize his assets until it is proven that he is not culpable for wrongdoing at WCOM. "

What is the problem? Why don't you look at this from
the following perspective ("you" meaning a general person,
not you personally):

All of you have willingly elected to participate in this
gambling, or lottery, by purchasing paper certificates.

All of you were very happy watching your jackpot
growing on paper, until someone else, who has
more information, more sense, hits that jackpot,
and now enjoys a big house. What's the problem?

He did not ask you to take a second mortgage
and put it all into WCOM, SEBL, did he?

No, it is you who wanted a piece of pie that grows
30%/year!

More, what all these ads are about? "Only $8 per trade",
"it is so easy!"... Every puny credit union and bank offers
to trade at no effort or cost, only trade, trade, trade,
mom and pop, Joe-average, trade! Hit that jackpot!

So, what's the problem? He won, you lost. Welcome to
America, as they say.

Just a little exaggeration of course, but think about it.

- Ali



To: Proud_Infidel who wrote (168588)7/23/2002 11:59:25 AM
From: Dave  Respond to of 186894
 
Brian,

Bush could easily write an order to seize his assets until it is proven that he is not culpable for wrongdoing at WCOM

Guilty until proven innocent?