Also-McCain,with his twin,on Face the Nation, blamed the Wall Street analysts- "that you see on talk shows" for hyping the stock. Who is he talking about-Neil Cavuto, Lou Dobbs, etc.??? He wants to call them to testify, as they are also culpable.
The Wall Street analysts???? Good Lord. If Enron execs in cahoots with Arthur Anderson were cooking the books, how are they supposed to know? Everyone needs to get off the TV and shut up. It is obvious here that half the yahoos going off on this had no idea what they were talking about. All rumour and inuendo and a deliberate attempt to bring the president down. And the press is the biggest contributor of all.
Let the Justice department investigate the white collar crime of Enron execs and Arthur Anderson. Let the Justice department determine the remedy - may even make Enron execs pay some restitution to the 401(k) plan. Only that which relates to the employer contribution, however, I might add.
Get the politicians and talking heads out. Congress is going to screw with the 401(k) rules and really mess things up. Time for cooler heads to prevail.