OK. Here is the useful line from the article:
"After the SEC ended its investigation, according to one of its memos, the regulators concluded that Harken and Bush were unaware of the magnitude of the write- downs until at least mid-July, or after Bush’s stock sale."
Touche, a kernel of turth.
So what was the rest of the article for? Increasing WCOM's traffic, therby driving up revenues, and hopefully increasing WCOM stock price? Must be.
tarpon