WorldCom, Enron, Arthur-Andersen, Martha Stewart....

[casavant]

Why is this shit happening so much lately? Or is it just being more closely scrutinized? It seems like the damn stock market is going to hell all the time over stuff like this.

 

[HumorMe]

The floodgates are beginning to open. Protect yourself if you have stocks. It's only going to get worse!


It's amazing what greed will cause!

 

[Y_lifter]

The more people looking at you, the more that will see you picking your nose...

 

[WODIN]

It's called a lack of morals or ethics.

I think Enron just opened the flood gates, further restating earnings and expenses has been a fairly common practice yet until the past year those restatements were not significant to inestors or the companies.

 

[musclebrains]

Why is this shit happening so much lately? Or is it just being more closely scrutinized? It seems like the damn stock market is going to hell all the time over stuff like this.

More scrutiny, I think. People are sick of being shafted so that Martha and friends can retain their wealth.

 

[Longhorn85]

I think more average Americans are vested in the market than ever before. Many of us are affected directly by these events.