Posted On: February 25, 2008, 4:02 pm CST

Posted By: Been Around Too Long

It's getting "hot" in the Court Room. Four more high level Executives getting "fried" after discovery of their "creative accounting" practices, aimed at bolstering stock prices to further enrich Company Executives with stock options waiting to be exercised at top level prices. To hell with the little stockholder or those whose 401K money or mutual funds suffer as a result of the revelation of this accounting manipulation. The "big guys" who foster and promote this accounting chicanery belong behind bars more so than the street criminal that holds up little old ladies or snatches their purses. Those losses are peanuts compared to impact of a substantial hit to one's 401K or individual stock portfolio. First the National Brokers and their bid-rigging schemes, now top Execs in AIG and Gen Re. Who is next? No wonder the public thinks the insurance business is run by a bunch of crooks. Add to this the All State Executives who thumb their nose and defy orders of the Florida Insurance Commissioner to produce evidence of their need for a giant rate increase. They have a damn good point. It ain't over until the Fat Lady Sings, and from all signs, she's hasn't even sung her scales yet.