Posted on 09/15/2004 10:25:16 AM PDT by News Junkie
From where I sit this week, knowing what I know today about CBS and Dan Rather's "Memogate", I'd say it's entirely possible that the whole CBS News empire could instantly implode the way that Enron and Arthur Andersen did.
A few years ago, in the roaring 90's stock market environment, Enron and Arthur Andersen were giants in their respective fields. Enron in the energy business, Arthure Anderson in the accounting realm. Both almost untouchable mega companies with thousands of employees. Today they are both gone. Zilch. Nada. Game over.
see more at http://partisannewsjunkie.blogspot.com
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They said they would have an anouncement at noon.
There must be some desperate infighting over the anouncement to make it this late.
So9
"Is CBS News the Next Enron?"
YES, Yes it is!
Anyone know Viacom's stock symbol and how they have held up over the last week?
So9
Just like a Democrat - always late - must make the peons wait.
Good grief. Everybody on that show is old enough to have interviewed Woodrow Wilson. I guess the new crop of communists, ala Al Franken is still "not ready for prime time".
here we go - VIA lost about 3% since Monday. From 35.5 to 34.5 for class b and 35.75 to 34.75 for class a.
Ah, the wonders of a free market.
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