SEC Sues 8 Former AOL Officials

danarhea · #1 (**permalink**) 05-19-2008, 09:12 PM

Enron Redux:

8 former AOL officials have been charged with over inflating revenues by more than a billion dollars. If you have AOL stock, it might be a good idea to sell it.

After Enron, it was said that this kind of thing wasn't going to happen again, but guess what? It certainly did. Not on as grand of scale, but it did happen.

Article is here.

ABoyNamedSue · #2 (**permalink**) 05-20-2008, 04:29 AM

Hmm...

I don't see any federal oversight committees being created to demonize AOL. I guess they're exempt from the same witch hunts that Exxon is being oppressed by.

danarhea · #3 (**permalink**) 05-20-2008, 11:50 AM

Quote:

Originally Posted by ABoyNamedSue

Hmm...

I don't see any federal oversight committees being created to demonize AOL. I guess they're exempt from the same witch hunts that Exxon is being oppressed by.

Enron oppressed???? Now that's a spin I haven't heard before. LOL.

ABoyNamedSue · #4 (**permalink**) 05-20-2008, 08:22 PM

Quote:

Originally Posted by danarhea

Enron oppressed???? Now that's a spin I haven't heard before. LOL.

I said EXXON, not ENRON. ExxonMobil is being raped by taxation. There is no other corporation on the face of the planet that pays more in taxes. None. Zero.

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