[Almondjoy]

Yes... they are talking about the death of AA and the people employed there.. essentiallly alot of people will be losing jobs.. even the accounts move over to other companies you will still see people falling through the cracks. It's an unfortuante fallout because of Enron and the like's that effects the little man. On a good note, looks like upper AA guys are going to be going to jail for a while.

[KC Burke]

On a good note, looks like upper AA guys are going to be going to jail for a while.

For instance who? I can only think of the one guy in Texas that has been accused of a crime.

[Semi Civil Servant]

On a good note, looks like upper AA guys are going to be going to jail for a while.

Dream on.

In a former career, I had a lot of dealings with companies in trouble. I can assure you that the people who screw up large organizations (public or private) are simply not held accountable.

These A.A. potentates will skate with millions, tens of millions, or possibly hundreds of millions.

Because they are "corporate celebrities," they will be hired by other corporations despite their obvious screw ups at their previous assignments.

They will also not be punished by the law.

Period.

If anyone goes to jail over this, it will be some mid-level milquetoast who signed "this" when one of his Godfathers told him to "sign this".

In the 50's and 60's, the captains of industry were usually top drawer individuals. That era is sadly over.

One of the celebrated CEO's of the age is nicknamed "Chainsaw Al". And he isn't unique.

The shareholders of these corporations need to wake up and de-louse their CEO's. Otherwise, the government will do "something". And it won't be pretty.