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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: ManyMoose who wrote (726258)2/16/2006 6:35:37 PM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
Lieberman, Breaux, Dodd were the ones most directly responsible (along with the financial services industry lobbyists, 'tech' industry scamsters, etc., who bankrolled the politicians) THROUGHOUT the decade of the 'nineties for spiking accounting reform.

Reform of the fraudulent loopholes that were then becoming popular was BACKED by the S.E.C. (Authur Levitt), the Federal Reserve (Alan Greenspan), the National Accounting Standards Board, the International Accounting Standards Board, the Treasury Department (Rubin), and a whole lot of other folks... but was KILLED TWICE in close votes in Congress.

These corrupt pols left their fingerprints at the crime scene.

We would either *never* have experienced the 'tech bubble & burst' of the late 'nineties... or it would have been much less extreme, if ACCOUNTING REFORM hadn't been killed by these guys in the early 'nineties.

The fact that some of them are still in Congress only points to how stupid voters can be sometimes....