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Insiders want us to believe it's all just coincidence
Mercury News ^
| 7/31/02
| Dan Gillmor
Posted on 07/31/2002 8:53:49 AM PDT by NormsRevenge
Edited on 04/13/2004 3:29:40 AM PDT by Jim Robinson.
[history]
It was just a coincidence that Joe Nacchio, the former chief executive of Qwest, a big regional telecommunications company, cashed out more than $200 million worth of stock while his company, as the current management now says, was misrepresenting its financial condition to investors during the past several years.
(Excerpt) Read more at bayarea.com ...
TOPICS: Business/Economy; Crime/Corruption; Front Page News; Government
KEYWORDS: ceos; corruption; insiders
Instead of that dreary chore, let's remind ourselves of a venerable rule called Occam's Razor. It's named after the English philosopher William Occam, who died in 1349 but whose wisdom has continued to inform science and other disciplines.
Occam's Razor means, essentially, that the simplest explanation is usually the correct one.
To: NormsRevenge
Citizen Norm, report to your Block Co-ordinator.
Bring your papers...and a tooth-brush.
The truth, as you call it, is unhelpful to those who lead our modern and progressive society.
Your government and the elites it serves are only trying to do what's best for America...really!
And if you don't want to have a razor at your throat, learn to co-operate democratically.
It's the American way.
To: NormsRevenge
Nor are you naive enough to believe that now-President Bush's signature Tuesday on anti-corruption legislation has solved the problem. It's not nearly enough to end the wrongdoing, much less restore people's trust in the economic system.This statement is meaningless unless Gillmor is willing to put forth an opinion as to how much further the legislation should have gone, and in what ways.
3
posted on
07/31/2002 9:09:32 AM PDT
by
Timesink
To: Timesink
Hey, I don't hire the reporters! :-) (And if I did, They'd all be big buxomous blondes in mini skirts and halter tops.)
I debated posting this one, but .. I knew it would raise even more questions.
To: NormsRevenge
Hillary Clinton's cattle-gains were also a coincidence.
To: Timesink
"Nor are you naive enough to believe that now-President Bush's signature Tuesday on anti-corruption legislation has solved the problem. It's not nearly enough to end the wrongdoing, much less restore people's trust in the economic system..."This statement is both true, and "meaningless"...I mean, what was the alternative to signing? And, really...we know that a lack of "tough legislation" is not the problem here, so what's W supposed to do about that?!
6
posted on
07/31/2002 10:10:21 AM PDT
by
88keys
To: NormsRevenge; All
I truly believe that when our heads are clear and we look back, the 1990's will be known as
The Decade of Fraud(s)...
7
posted on
07/31/2002 10:35:06 AM PDT
by
backhoe
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