Current Events — HabitableZone

Current Events » in reply to re: This is really bad logic . . .

Refreshing.

To hear someone with faith in the honest of oil companies. Or any of the multi-nationals. I haven't for a while.

We have experience with Enron, WorldCom, Global Crossing, Halliburton and the like inflating earnings, hiding liabilities and generally bilking investors.

I can see where that would cause someone to suspect that maybe in the oil business if one company has found a way to inflate the stock prices simply by making unverifiable claims then the others have also, and might even say they HAD to do that in a competitive world.

I also think it was conjecture on his part, but it seems more reasonable to me than simply trusting those folks to be accurate.

Arf

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