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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?

To: Ahda who wrote (15008)	8/1/2002 3:02:02 PM
From: Ahda	Respond to of 82336

Add to this many companies who are reducing employees it sure is not the best climate for one peppy investment group over here.

To: Ahda who wrote (15008)	8/1/2002 3:11:16 PM
From: sea_urchin	Read Replies (1) \| Respond to of 82336

Darleen >The accounting scandal really amounts to a highly exaggerated interpretation of principle or law. You might call it that but, in fact, there is a basis to law other than what one can get away with by being friends with the judge . What happened was that the principles of law were violated, not just the interpretation, and by people who should have known better. The situation is exactly the same as if laws are passed which excuse doctors from having to practice ethical medicine. Therefore, doctors can be negligent, kill patients or commit other malpractice, and not get into trouble. That's what happened in the accounting/CEO situation. Perhaps not Americans but others understand that the biggest rogue is, in fact, the US government. As someone once said, America has the best government that money can buy. So, in the situation where the government is in the pocket of big business, it's also quite clear how come the situation was allowed to occur where laws were created to suit those who run the business to enable them to plunder it. In fact, there was not only a violation of the principles of law but also a violation of the principles of capitalism where the returns in a business should be to those who invest in it and not simply to top management.