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January 2002, Week 5

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Subject:
Re: OT : Two clouds, one silver lining
From:
Denys Beauchemin <[log in to unmask]>
Reply To:
[log in to unmask][log in to unmask]

Fax (425) 920-4995| Web www.lund.com

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Date:
Wed, 30 Jan 2002 02:40:03 -0600
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How right you are, Larry.  As an added bonus, I offer this link to a story
earlier this week, which highlights the shenanigans played by Democrat
Senator Christopher Dodd who rammed through Congress, a bill that allowed
Arthur Andersen and other accounting firms to do what they did, without fear
of reprisal.

http://www.nypost.com/postopinion/opedcolumnists/40083.htm


Also, another story developing is the case of Global Crossing, a major
company that is going into bankruptcy.  The Democratic National Committee
chairman, Terry McAuliffe was able to turn $100,000 into $18,000,000 in
Global Crossing stock, before the company went bankrupt.

There are going to be more stories like this coming out over the next while.


Kind regards,

Denys. . .

Denys Beauchemin
HICOMP
(800) 323-8863  (281) 288-7438         Fax: (281) 288-7438
denys at hicomp.com                             www.hicomp.com

-----Original Message-----
From: HP-3000 Systems Discussion [mailto:[log in to unmask]]On Behalf Of
Larry Barnes
Sent: Tuesday, January 29, 2002 4:01 PM
To: [log in to unmask]
Subject: Re: OT : Two clouds, one silver lining

I would like to be optimistic, but until 'ALL' bureaucracies are removed
from Washington, along with the lobbyists GREED will continue to rule.  When
the pay raises Congress gets are tied to inflation and deficit spending (if
inflation goes up their salaries go down, if we enter a deficit spending or
recession their salaries go down; and visa-versa) we will see immediate
improvements.

By moving to a flat tax system accounting firms such as ARTHUR Andersen will
vaporize, or at least shrink to a manageable level.

-----Original Message-----
From: Rao, Raghavendra [mailto:[log in to unmask]]
Sent: Tuesday, January 29, 2002 12:03 PM
To: [log in to unmask]
Subject: [HP3000-L] OT : Two clouds, one silver lining


The case of Enron & Credit Suisse First Boston (CSFB)

Nice overview story--Walter Derzko-your NewBizDev Host
============================================

"... Let's be optimistic, though. Maybe the Enron and CSFB
 cases will be the catalyst we need for a true return to
 basic principles. If people in power heed the lessons,
 they'll repair the variety of holes that have been torn in
 the fabric of the market economy during the previous two
 decades.

 But even if they don't, we've set in motion some
 unstoppable trends. In the end, Enron and CSFB will be
 forgotten vestiges of a transcendently greedy time.
 They'll also have been part of a grand transformation ..."

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