Picture Source The Wall Street Journal’s Law Blog has become a go-to read for me. As some of you have seen, I have an interest in the intersection between law and accounting. I have found the blog to be written much more freewheelingly than its front page. That is, there’s a lot more latitude given […]
…Because that’s where the money is! (Interestingly, he was shot by one of his own gang…) For the US Department of Justice, it’s getting to be like shooting fish in a barrel. But how quickly they’ve decided not to prosecute the firm. Is this how it’s going to be from now on? Does it have […]
To introduce this topic, let’s start with excerpts from a Frontline series, dated June 2002, Bigger Than Enron. In the segment entitled Congress and the Accounting Wars, the history and politics of independence legislation supported strongly by then SEC Chairman Arthur Levitt and eventually incorporated in the Sarbanes-Oxley legislation of 2002 is described. At the […]
