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To: Bid Buster who wrote (189429)8/26/2002 11:57:16 AM
From: Mike M2  Read Replies (1) | Respond to of 436258
 
BB, no it's not but the most damaging lies/misrepresentations (IMO) is the hedonics scam which helped to make an easy money inspired credit bubble appear to be a genuine investment boom. I also feel the esop accounting scam caused far more damage than is generally understood. It gave management an incentive to get the stock price up as quickly as possible without regard to the long term consequences of their financial engineering. mike