Re: [CANSLIM] Banks helped WCOM cover-up

From: "Tom Worley" <stkguru@bellsouth.net>
Subject: Re: [CANSLIM] Banks helped WCOM cover-up
Date: Wed, 24 Jul 2002 09:10:46 -0400

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The banks (at least two, JP Morgan Chase, and Citigroup) are now =
revealed as having marketed the same kinds of energy swapping "loans" =
that they were doing with Enron to a number of other companies, and at =
least three bit on the deal.

Combined with them also being the bankers for Worldcon, this mess is a =
long way from being over.

- ----- Original Message -----=20
From: Donald Wallker=20
To: canslim@lists.xmission.com=20
Sent: Wednesday, July 24, 2002 7:54 AM
Subject: [CANSLIM] Banks helped WCOM cover-up


In case you missed it, today the Washington Post  noted that several big =
banks were in  bed with and helping WCOM in its debt cover-up.  Imagine =
- - JP Morgan  and others =20

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<DIV><FONT face=3DArial>The banks (at least two, JP Morgan Chase, and =
Citigroup)=20
are now revealed as having marketed the same kinds of energy swapping =
"loans"=20
that they were doing with Enron to a number of other companies, and at =
least=20
three bit on the deal.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV><FONT face=3DArial>Combined with them also being the bankers for =
Worldcon,=20
this mess is a long way from being over.</FONT></DIV>
<DIV><FONT face=3DArial></FONT>&nbsp;</DIV>
<DIV style=3D"FONT: 10pt arial">----- Original Message -----=20
<DIV style=3D"BACKGROUND: #e4e4e4; font-color: black"><B>From:</B> <A=20
title=3Ddougald@dmv.com href=3D"mailto:dougald@dmv.com">Donald =
Wallker</A> </DIV>
<DIV><B>To:</B> <A title=3Dcanslim@lists.xmission.com=20
href=3D"mailto:canslim@lists.xmission.com">canslim@lists.xmission.com</A>=
 </DIV>
<DIV><B>Sent:</B> Wednesday, July 24, 2002 7:54 AM</DIV>
<DIV><B>Subject:</B> [CANSLIM] Banks helped WCOM cover-up</DIV></DIV>
<DIV><BR></DIV>
<DIV><FONT face=3DArial size=3D2>In case you missed it,&nbsp;today=20
the&nbsp;Washington Post&nbsp; noted that several big&nbsp;banks were =
in&nbsp;=20
bed with&nbsp;and helping WCOM in its debt cover-up. &nbsp;Imagine - JP=20
Morgan&nbsp;&nbsp;and others &nbsp;</FONT></DIV></BODY></HTML>

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