Wednesday, June 26, 2002

BLACK WEDNESDAY

Dear HC,

The world stock markets are plunging today. NASDAQ could drop to a two year low today. There has been a continuing trend of massive accounting fraud in major corporations. Investor confidence is falling apart. The scandal causing the stock plunge today is Worldcom's 3.8 billion dollar accounting deception.

Capitalism is inherently corrupt and dishonest. Wouldn't it be fitting if exposing corporate dishonesty caused the Second Great Depression?

88!
CC

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