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To: Tom D who wrote (149235)10/25/2002 12:59:02 AM
From: Oeconomicus  Read Replies (1) | Respond to of 164684
 
Old news, Tom. But there should be more news on this by the morning as HAL and Cheney were due to file responses to one of the shareholder class actions today.

I'm curious, though - do you really think there was "accounting fraud" at HAL? If so, what is the basis for your view? I can't find any meaningful commentary on the merits of these charges (made BTW by those filing the shareholder class actions, not by the SEC), just the claims as quoted in the press (simple reporting, not opinion pieces) and the 10-Q disclosures and such from the company. In fact there's been very little written about this at all since May as far as I can find. Did the press decide it was just plaintiffs' lawyers trying to pump up their weak case by making it a political issue, perhaps, and drop the story?

Regards,
Bob



To: Tom D who wrote (149235)10/25/2002 10:31:49 AM
From: GST  Respond to of 164684
 
I have not followed the story on Cheney's tenure at HAL -- but if his competence as a CEO is anything like his competence in foreign policy, then he will end up in jail.