Article View: pdx.general
Article #1219Re: Call Me A Liberal
From: Rod & BJ
Date: Tue, 30 Jul 2002 22:47
Date: Tue, 30 Jul 2002 22:47
34 lines
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3105 bytes
"trebor@sirius.com.no.more" <user@example.com> wrote in message news:sildkuslmpmodtrto2gsirf5j0omls9m4g@news.supernews.com... > "Rod & BJ" <soggy@pacifier.com> wrote: > > >"trebor@sirius.com.no.more" > >> True enough. However, too often people within corporations do things > >> which are wrong, and for which they suffer no consequence. Corporation > >> officers are too shielded from liability. > > > >Which people...doing what? > > I suppose the names Bernard Ebbers and Kenneth Lay stand out, but they > are by no means lone operators; their boards of directors and their > executives enabled and participated in fraud and embezzlement at an > unprecedented scale. What makes you think that conviction and punishment should happen before a investigation or trial? These stories and investigations are far from over in fact they are still unfolding. Although the rise and fall of Enron is more related to a extremely naive Wallstreet than illegal acts per se...their method of determining sales was legal albeit extremely misleading. The investment guru's really demonstrated a sorry lack of wisdom or oversight. Even if every transaction ends up legal (they won't) the company would have eventually imploded. > How many years do you think Ebbers and Lay are going to spend in jail? > How many years do you think you or I would spend in jail if we stole > even a tenth of a percent of what they did? Depends on what they are guilty of? At this point do you know what specific crime they committed? Soggy
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X-Google-Language: ENGLISH,ASCII-7-bit X-Google-Thread: fb1cb,45200f002c4c625f X-Google-Attributes: gidfb1cb,public X-Google-Thread: 1128d6,45200f002c4c625f X-Google-Attributes: gid1128d6,public X-Google-Thread: 107d03,45200f002c4c625f X-Google-Attributes: gid107d03,public X-Google-Thread: f824f,45200f002c4c625f X-Google-Attributes: gidf824f,public X-Google-ArrivalTime: 2002-07-30 15:51:43 PST Path: arc1-ca.pugleaf.net!archiver1.google.com!news1.google.com!sn-xit-02!sn-xit-01!sn-post-01!supernews.com!corp.supernews.com!not-for-mail From: "Rod & BJ" <soggy@pacifier.com> Newsgroups: pdx.general,seattle.general,ba.general,la.general Subject: Re: Call Me A Liberal Date: Tue, 30 Jul 2002 15:47:41 -0700 Organization: Posted via Supernews, http://www.supernews.com Message-ID: <uke62aol5g2me3@corp.supernews.com> References: <uk6mgga8eo0t84@corp.supernews.com> <uk7fqecku56h5d@corp.supernews.com> <uk8ajah3i8dk86@corp.supernews.com> <lbW09.74287$Yb1.75742@sea-read.news.verio.net> <uk8m4jhfcdre3e@corp.supernews.com> <uk9kthqlp11g0a@corp.supernews.com> <ukajppse98b7a2@corp.supernews.com> <ukb7vj37po8ifa@corp.supernews.com> <1027978585.117808@news.zipcon.net> <ukbh5417eqb953@corp.supernews.com> <ip1ckuocvst8fb1q2msoo3asi08fpl8l51@news.supernews.com> <ukcq0ja8a2n7f6@corp.supernews.com> <sildkuslmpmodtrto2gsirf5j0omls9m4g@news.supernews.com> X-Priority: 3 X-MSMail-Priority: Normal X-Newsreader: Microsoft Outlook Express 6.00.2600.0000 X-MimeOLE: Produced By Microsoft MimeOLE V6.00.2600.0000 X-Complaints-To: newsabuse@supernews.com Lines: 36