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-   -   First Enron, and now Worldcom... (https://greekchat.com/gcforums/showthread.php?t=19843)

straightBOS 06-28-2002 10:41 PM

The American economic system not only encourages greed and dishonesty, but makes much of it legal.

It was not illegal for the Enron execs to dump stocks when no one was looking. And legally they kept 100% of the profits. Also, most of these large compaines do not and have never paid taxes. The larger the company the larger the taxes breaks and bonuses until the gov't is actually paying THEM to stay in business. :eek: :eek:

Lastly, since dayum near any expense can be written off, there is no accountability as long as a company appears to be profitable. And where there is no accountability, corruption will go unchecked. I am still surprised that Martha Stewart got bagged, wonder who dropped the ball on that one. :confused:

SeriousSigma22 06-29-2002 01:29 PM

Straight BOS,

They are seriously going after good old Martha Stewart! She has even hired police officers when they're off duty to protect the queen of domestication and decoration. The sad part about her insider trading crime is that she only would have lost about $12,000.00 and she is now spending more money in legal fees, her own stock has dropped drastically and someone set fire to some of her products in one of the Big K-Mart stores. She should have kept her stock and taken the loss like a real woman.

Serioussigma22:cool:


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