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To: Ken Benes who wrote (91940)12/18/2002 3:58:37 PM
From: long-gone  Respond to of 116791
 
<<"The same type of accounting maze that hid Enron's debts made it possible for Barrick to manipulate the price of gold without the checks and balances that come from
public scrutiny. As a percentage of Barrick's total assets, its off-balance sheet assets make Enron look like a champion of full disclosure," said Doyle. "Is
Barrick a gold mining company, or is it a hedge fund with a mine out back?"

The suit alleges that J.P. Morgan Chase financed Barrick's repeated short selling with remarkably advantageous terms not available to others, including deferred repayments and no margin calls. Doyle said the short-sales scheme between the bank and Barrick
appears to be the proverbial "money for nothing">>

Last trade 343.4 Change +6.00 (+1.78%)
quotes.ino.com
GOLD 342.77 343.40 6.04 19:51
thebulliondesk.com
JPM 3:35pm 23.92 -1.10 -4.40% 10,125,000
Symbol Last Trade Change Volume
ABX 3:36pm 15.70 -0.20 -1.26% 6,509,100

finance.yahoo.com

Stick a fork in them, they're done.