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Re: More on corporate book cooking



----- Original Message -----
From: "Charles Brown" <CharlesB@xxxxxxxxxxxxxxxxxxxxx>
To: <pen-l@xxxxxxxxxxxxxxxxxxx>
Sent: Thursday, September 06, 2001 1:55 PM
>Subject: [PEN-L:16805] More on corporate book cooking


>
> NY Times, September 2, 2001
>
> MARKET WATCH
>
> Take Away the Window Dressing, and Who Will Buy?
> By GRETCHEN MORGENSON

..... But something else is weighing on stocks. That is the creeping
> realization among investors that the momentous earnings reported by
> many companies in recent years may have been digitally remastered to
> include a lot of hype, embroidery and fluff.
===========

So while the cost of getting politicians to lie has been inflationary,
lying in the corporate sector is deflationary?
 < http://www.opensecrets.org/parties/total.asp?Cmte=DPC&cycle=2002 >
Dems
 < http://www.opensecrets.org/parties/total.asp?Cmte=RPC&cycle=2002 >
Repugs


Ian




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