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Too Good -- or Bad -- to Be True

An amazing bit of information from last Wednesday's episode of the public radio show Marketplace:

So, there's a publication called CFO Magazine. Every year, it gives out Excellence Awards to truly exemplary CFOs. Listen to who got the CFO Magazine Excellence Awards in 1998, 1999 and 2000: the WorldCom guy, the Enron guy, followed by the Tyco guy. And, what name was among the winners in 2001? Kenneth Lonchar, the former Veritas Software CFO without a Stanford MBA. But wait, there's more: CFO's Excellence Awards in 2001 were sponsored by accountants Arthur Andersen.

Figuring we had a leading indicator on our hands, we looked into the 2002 winners, but could find no record. A call to CFO Magazine confirmed its awards competition is on hiatus and may need to be retooled.

Was there anyone who didn't buy into the bubble?

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