Tuesday, March 11, 2008

Arthur Appetizer

The corporate sleaze fest that ushered in the Bush-business criminal-class government - Enron, Worldcom, the collapse of Arthur Andersen - may turn out to look like an appetizer compared to the feeding frenzy that has the financial sector looking pretty dazed today. But when an accounting firm, that should be the guardians of honesty in the numbers, and that should be the most trustworthy people in business, can blow up, why can't the whole economy? And why didn't more people see it coming?

Oh, that's right: we had Sarbanes-Oxley to keep a lid on it.

By the way, where did the Enron scammers hide their loot? 'Follow the money'.

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