Wall Street

When I was in grade three I had this odious teacher that hated kids who squealed on other kids, regardless of the issue. It didn't matter if you complained about someone stealing an eraser, cheating on a test, taking your lunch money, or socking you in the mouth...she didn't want to have to deal with it. To her, integrity was found in silence.
If you were affronted by a fellow student and happened to mention it to her, she would respond by a) disregarding you, and b) pinning a long donkey's tail fashioned out of construction on your behind with the words "tattle tail" emblazoned on it.(you had to wear it for the remainder of the day). I tried to make it look fashionable

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Personally, I'd like to think that the lessons we learned in elementary school help us out later on in life. If so, I'm certainly glad that Sherron S. Watkins wasn't in my class.
As you may, or may not know, Sherron S. Watkins was the Vice President of Corporate Development at Enron who told then CEO Ken Lay in a now-famous August 2001 memo that financial fraud could destroy the energy trading firm. She said his response was to launch a "bogus" probe and try to have her fired.

things made of linen; in this case, shirts. (A Tale of Two Cities) a stretcher for carrying the sick or wounded. (A Tale of Two Cities) street north of St. Paul's Cathedral with many law offices because of its proximity to the criminal courts. (Great Expectations) a rock containing loadstone (or lodestone), a naturally magnetic mineral. (A Tale of Two Cities)

Stock Investing Course It was less than four months before Enron collapsed into bankruptcy at a cost of thousands of jobs and billions of dollars of stock-market wealth.

Hand painted with branches, pink blossoms, and a flock of little birds, the Early Bird Wall Art p... See more Wall Decor & Letters out Puppy Tales Wall Art Dogs love to ride in cars, and their happiness is obvious in the sweet Puppy Tales Wall Art. Ridi...

Stock Market Game Enron's downfall sparked a federal investigation that resulted in the multiple fraud and conspiracy charges for which Lay, 63, and Skilling, 52, are now on trial. The two face decades in prison if convicted.

In the city centre is the Berlin Wall's most iconic site, Checkpoint Charlie. A replica American military post has been put up in the middle of a narrow street full of shops. There are even a couple of people dressed up as guards, grimacing menacingly to the delight of tourists who get their photo taken with them. The Mauer Museum tells the story of the 30 year life of the Wall including tales of some of those who died trying to flee the Communist regime in the East.

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Did anything positive come out of the Enron debacle? I think we can finger two silvery-gray lined clouds. First, it's all about integrity. Ordinary people matter. Determination matters. Honesty matters. Diligence matters. There is a place for Truth.
Secondly...the Sarbanes-Oxley Act. The Sarbane Oxley Act of 2002 is considered to be one of the most significant changes to federal securities law. It came in the wake of a series of corporate financial scandals, including those affecting Enron, Arthur Andersen, and WorldCom.

Westminster Hall, located in London, was the chief law court of England until 1870. (A Tale of Two Cities) a card game that was the forerunner to bridge. (Great Expectations) a district of central London between Fleet Street and the Temple area where criminals and fugitive debtors lived. (A Tale of Two Cities)

Journal Prime Rate Street Wall Among the major provisions of the act are: criminal and civil penalties for securities violations, auditor independence / certification of internal audit work by external auditors and increased disclosure regarding executive compensation, insider trading and financial statements.

a promissory note issued by a bank, payable to the bearer on demand and which can be used as money. (A Tale of Two Cities) a room in which things are an illusion. Barmecide was a prince in the Arabian Nights who offered a beggar a feast and set an empty plate before him. (A Tale of Two Cities) a narrow street near Bartholomew Church in the Smithfield area of London. (Great Expectations)

Stock Market News In the world of publicly traded companies, there is a lot at stake. Not only are the companies responsible for their staff, clients, partners, and customers, they're also responsible to the every-day, well intentioned, share holder who has chosen, rightly or wrongly, to believe that what the company says is true...is actually True.

Stock Investing Basics We need to be able to trust the people in charge. Whenever a company does something noteworthy, the CEO is often the first one to step into the limelight and take the credit along with a big fat bonus. (Lay raked in $150 million in income, bonuses and stock packages. He still sleeps soundly every night in one of his several mansions.) But, when things are bleak, some CEO's seem to disappear into a world of meetings.

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Integrity, honor and truthfulness aren't just virtues meant for the third grade. They're qualities for life...and what a better place the stock market (and society at large) would be if everyone lived these virtues more often.
While the stock market is still full of inherent risks...it may be just a little safer than it use to be. So hats off to Whistle Blowers like Sherron S. Watkins...and leave the donkey tails at home.

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at www.peterleeds.com

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Stock Market Crash A seasoned investor with a keen interest in international business and current affairs, Whitefoot has been working closely alongside investor Peter Leeds for years who is an expert in penny stocks. With over ten years experience in the investing community, Whitefoot is devoted to uncovering the news, trends and ideas that shape the speculative markets on a daily basis.

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