Dave wrote:

Walt said:

BTW, if this is a
point of concern for you, then you should under no circumstances vote
for a guy who appointed Harvey Pitt as SEC chair.

Harvey Pitt's primary problem is not that he's too close to business. It's
that he's too close to the accounting profession, and occasionally shows
poor judgment in dealing with them.

You mean watching while Arthur Andersen & Enron imploded in a storm of
massive accounting fraud, all the while claiming that business can
regulate itself? and that SEC regulations were just too cumbersome?
That's not "poor judgment", that's willfully being a stooge.

And why hasn't Kenny Boy Lay been indicted yet? Do you think it has
anything to do with his connections as the #1 all-time contributor to
Bush's political campaigns?

--
//-Walt
//
// http://cagle.slate.msn.com/working/040514/matson.gif

Dave wrote:
Harvey Pitt's primary problem is not that he's too close to business. It's
that he's too close to the accounting profession, and occasionally shows
poor judgment in dealing with them.


Walt wrote:
You mean watching while Arthur Andersen & Enron imploded in a storm of
massive accounting fraud, all the while claiming that business can
regulate itself? and that SEC regulations were just too cumbersome?
That's not "poor judgment", that's willfully being a stooge.

But Walt, you have to understand... this is the "new model" for
prosperity & American business ethics... don't resist the corporate
kleptocracy, embrace it. Lack of ethics isn't a problem, it's policy.

It's just like all those brain-damaged hippies whining about how the
government environmental agencies should actually protect the
environment instead of being pollution enablers.


And why hasn't Kenny Boy Lay been indicted yet? Do you think it has
anything to do with his connections as the #1 all-time contributor to
Bush's political campaigns?

Pay no attention to the man behind the curtain!

DSK