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janice shell

05/29/05 2:58 PM

#169898 RE: NSS_Boss #169882

Looks as if Senator Talent wants to maintain the status quo.

What Enron did was clearly illegal; several different government agencies had the power to prevent it but failed to do so. As far as I know, no one in the government was held accountable for this failure. Instead Congress has rewarded the agencies with more money and new powers which, if past history is a guide, will be used largely to put new burdens on honest firms while the corporate con men cut corners anyway.

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pantherj

05/30/05 2:35 AM

#169927 RE: NSS_Boss #169882

Sounds to me like he is trying his best not to offend you but doesn't really buy into your NSS premise.

... will continue to monitor this situation and the SEC's regulation of the illegal practice of naked short selling.