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[Dustin Decker]

On Wed, 31 Jul 2002, Kurt Kessler wrote:

> I find it hard to believe that any of these companies
> ever had problems. Common sense tells you what it
> takes to make money. When you are head of a company
> that big, you hire people to do what you tell them to
> do. When things are going wrong, wouldn't you be
> concerned? Is it not their job to inform you of such
> things? When the "brass" is walking away with
> multi-million dollar severances and options, and
> everyone else loses 15 years of 401 and stock
> overnight, it makes you wonder...

Yeah - I just have to wonder in the present sense of Chapter 11 filings 
whether or not the executive officers aren't willing to "swear they 
books aren't cooked".  This is something the Bush administration has 
been pushing a lot lately - to the point we may even see more companies 
throw in the towel rather than find themselves with their financial 
pants wrapped around their ankles.

Needless to day - anyone who isn't prepared to swear on their books 
faces a significant hit in the consumer confidence arena as well.  I 
think we've finally hit the "shit or get off the pot" moment.

Just my $.02
Dustin

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| Dustin Decker                     |
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