naksatras

[Guest guest]

Dear Nicholas

you

<<APPROXIMATELY BUT THERE ARE DIFFERENT LENGTHS OF RISING TIMES FOR DIFFERENT RASIS>>

me

Yes but i think that the computer programe deals with that and here i am dealing

with the position of the moon and not with the lagnas.

you

<<IT IS HIGHLY COMPLEX .THE SHORT OF IT IS THEY WERE ABLE TO PUT THEIR

LIABILITIES OFF SHEET INFLATING THEIR PROFITS .ONE OF THE MAIN REASONS FOR THIS

IS THAT AS THE SHARE PRICE ROSE THE EXECUTIVES GOT FAT BONUSES .

THE NEXT QUESTION IS WHY ARTHUR ANDERSEN DID NOT PULL THEM UP ON THIS .THE

ANSWER TO THIS IS THAT AA W ERE ALSO DOING LUCRATIVE CONSULTATION WORK WHICH IS

A CONFLICT OF INTEREST WITH THEIR AUDITING WORK

ENRONS WHOLE BUSINESS WAS HIGHLY LEVERAGED BASED ON SPECULATIVE ASSESSMENTS OF

FUTURE PRICES .IT SEEMS THAT THIS WAS DICEY WHILE THE ECONOMY WAS STRONG BUT

CATASTROPHIC ONCE THE ECONOMY TURNED SOUR .A LEVERAGED DEAL IS ONE IN WHICH

ONLY A SMALL AMOUNT OF MONEY IS PUT FORWARD ON A MUCH LARGER DEAL

me

It is nice to hear a commentary from an expert because it helps to understand

better how things work.

you

<<USUALLY 5 PER CENT OF COMPANIES ARE EXPECTED TO HAVE FALSE ACCOUNTS DESPITE

THE OUTSIDE AUDITING .THE INCENTIVE INCREASED THOUGH WITH BONUSES FOR RISES IN

THE SHARE PRICE . THE STOCK MARKET BOOM FROM 1997 TO MARCH 2000 HAS AN AIR OF

UNREALITY ABOUT IT .>>

me

I am not an expert in accounts like you but i have read that big companies

follow the books to impress, among them IBM, Walt Disney etc.. A 5% of the

companies may not be much but $200 billion gap missing among them is a lot.

I like to be well informed and although i may not understand certain terms, I do get the idea.

Here I quote from an article which I found while surfing. It looks very interesting.

"Numbers Don't Lie, Bushes Do

by AL MARTIN

Deconstructing the National Debt means understanding the difference between GAAP (Generally

Accepted Accounting Principles) and BFAP (Bush Fantasyland Accounting Principles).

According to BFAP, the figure for the publicly stated National Debt is $5.65

trillion. When the National Debt is deconstructed in terms of GAAP, however,

you'll find that the accumulated National Debt is closer to $14 trillion.

This figure can be calculated by plugging in debt (either current or future

debt, which will have to paid) that is not included in the BFAP numbers. The

$5.65 trillion number comes principally from the accumulated Social Security

deficit of $3.2 trillion, combined with some provisions for the 3%

non-marketable US Treasury notes that have been inserted into the other 43

Public Trust Funds. They have made unrealistic projections regarding the

so-called "mandated spending gaps," which are actually much higher than the

figures they use.

There is a reason why the deficit did not come down during the Clinton Regime,

despite the surplus engendered by the relatively prudent economic management of

the Clinton Regime. The National Debt should have diminished, but instead it

rose slightly from $5.42 trillion to $5.65 trillion. Of course, the Republicans

would say disingenuously that Clintonomics wasn't working and the surpluses are

a farce."

That info helps a lot to follow the astrology of the moment.

You

<<SO IN BOTH STATISTICS AND ACCOUNTING A LOT OF CHEATING GOES ON

ACCOUNTING WHICH SHOULD BE ABOUT ADDING TOGETHER NUMBERS GETS SO CONFUSING THAT

AA COULD NOT PROPERLY UNDERSTAND WHAT WAS GOING ON AT ENRON >>

Me

That is one of the reasons why we study a science, to monitor things and make

sure that everything is working fine.

Best wishes

Natabara Das