Tuesday, August 15, 2006

Executives Warn of ‘Witch Hunt’ in Options Probe

Many tech executives are now beginning to use the phrase “witch hunt” to describe the growing scandal. While few doubt there were cases of outright fraud that should be punished, they fear that the widening probe has now reached a counterproductive level. Rather than just catching scofflaws, well-meaning companies and executives are being wrongly impugned by the scandal, in their view.

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