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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Sully- who wrote (8657)	10/31/2002 3:42:51 PM
From: stockman_scott	Read Replies (3) \| Respond to of 89467

<<...The indictment, returned by a grand jury in Houston and released in Washington by the Justice Department, is notable for the sheer number of charges, which include fraud, money laundering and conspiracy. If convicted, Fastow faces hundreds of years in jail and millions of dollars in fines. Deputy Attorney General Larry Thompson, head of the Bush administration's corporate fraud task force, said the indictment does not end the investigation into Fastow. He also said federal officials "will use every appropriate measure to recover the ill-gotten gains of these corporate schemers."...>> IMO, the ONLY WAY Fastow might get out of prison before he's a grandfather is to talk about Kenny Boy and Skilling -- what did they know and when did they know it...? The Justice Department needs to have a very high level witness testify against the former leaders of Enron in order to help prove they were aware of and helped approve (and possibly conceal) Enron's fraudulent schemes to hide debt and fabcricate profits. I will be MOST IMPRESSED if The Justice Department is able to indict AND convict Ken Lay and Jeff Skilling...=)

To: Sully- who wrote (8657)	10/31/2002 4:09:26 PM
From: Jim Willie CB	Read Replies (1) \| Respond to of 89467

despite stocks holding, USdollar continues to slide closed today at 106.6 quotes.ino.com the prospect of lower rates, or the need for lower rates continues to weigh on our currency meanwhile gold not only holds its ground, but climbs closed today at #317.9 kitco.com stocks simply cannot rise in such a backdrop environment / jim