Striper Talk Striped Bass Fishing, Surfcasting, Boating - View Single Post

Homerun04 · 09-04-2005, 10:14 PM

Is it me, or does everytime there seems to be some sort of disaster (9/11, Katrina, Tsunami) big businesses come flying out of the woodwork and IMMEDIATELY claim that they are now not going to make their previously announced forecasts as a result of this crisis....I mean, really, some of them are ridiculous......

Seems to me that many of these corporate crooks lie to investors on a regular basis, and then quickly jump on the "disaster" bandwagon as a way to cover their arses when they don't make the forecasts.

Am I being too cynical? Well, I think not everytime I look at Worldcom, Enron, Tyco, Adelphia, Anderson, etc. etc. etc.

09-04-2005, 10:14 PM	#1
Homerun04 Which Way Did They Go iTrader: (0) Join Date: Apr 2002 Location: Blackstone, MA Posts: 1,147	Bat Rastard Big Business Is it me, or does everytime there seems to be some sort of disaster (9/11, Katrina, Tsunami) big businesses come flying out of the woodwork and IMMEDIATELY claim that they are now not going to make their previously announced forecasts as a result of this crisis....I mean, really, some of them are ridiculous...... Seems to me that many of these corporate crooks lie to investors on a regular basis, and then quickly jump on the "disaster" bandwagon as a way to cover their arses when they don't make the forecasts. Am I being too cynical? Well, I think not everytime I look at Worldcom, Enron, Tyco, Adelphia, Anderson, etc. etc. etc.
	"You make a living by what you get. You make a life by what you give"