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To: Free Vulcan
Just when I was thinking no one was going to get this, I appreciate it and what you said.
8 posted on 01/12/2002 10:26:30 AM PST by vmatt
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To: vmatt
The were doing some VERY shaky financial maneuverings, both acting as an insurer and hedger for other companies, yet with far too little reserves, and also very speculative, very complex derivatives trading with partnerships created on the side with corporate officers. It should have been caught too, but Aurther Andersen looks like the covered for them, and DOE giving them blaket issuance waiver for securities. Somebody is going down over this, I sure hope Aurthur Andersen is part of that funeral pyre.

Oh yeah, good catch!

18 posted on 01/12/2002 10:47:16 AM PST by Free Vulcan
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