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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (28819)	3/17/2005 5:36:01 PM
From: ild	Read Replies (1) \| Respond to of 110194

MAR. 16 3:10 P.M. ET A fourth former HealthSouth Corp. finance chief linked Richard Scrushy to a huge fraud, testifying Wednesday that the former CEO answered concerns about overstatements by saying "all public companies fudge their numbers." businessweek.com From Fleck: What I want to know is, why hasn't the SEC done more to uncover the management of earnings that has gone on? Fannie Mae was found out, in essence, by OFHEO. Nearly all of the other chicanery that we learned about was discovered by Eliot Spitzer. If the SEC needs more money to get to the bottom of all this, then they should get it. If the SEC doesn't need more money, they should give us an explanation of why it is they can't seem to catch any of these fraudulent acts until well after they have occurred. If short-sellers can figure it out, why can't the SEC, when they have subpoena power?

To: Condor who wrote (28819)	3/17/2005 5:48:21 PM
From: stan_hughes	Respond to of 110194

Must be a Great White North thing, I'm a dualie currently living on the Canadian side EDIT -- Found these links FWIW alt-usage-english.org randomhouse.com Maybe the purple part is what passes for Canadian flair. I also read an explanation somewhere once that it was an old mining term that referred to getting lowered down into a shaft in a wicker basket (as in a hot air ballon) to place explosives -- supposedly lots of miners didn't make it back up, hence the phrase "going to hell in a handbasket". Maybe we should ask EC, he was mining during the mid-1800s, wasn't he??