For all the hupla my tendency is to think these guys are really looking into the swaps if you know what that is. They want to know who else has been playing the Enron game. Questions have been around for awhile especially with Qwest. One has to believe that both Qwest and WCOM are aware of these problems. My thinking is that the SEC wants to look like they actually do something.
shooter~ Bernie also was questioned about the poison pill strategy the board just took. He said they have always been for sale but until someone makes an offer (that he seemed to be encouraging) his claim was untested.
It was like he was baiting the interviewer into thinking they had a hostile suitor but who would want that much debt and those books? The fear (IMO) is that beyond the goodwill there will be asset right downs although he denied it in the TV report I saw.
Lower tomorrow... do you think? lol
TIM~ can I borrow your crystal ball? I am in need hahahaha
best!
kp
"To accomplish great things we must not only act, but also dream; not only plan, but also believe."
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