healthmyths
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The number of corporate accounting cases at the S.E.C. has declined in recent years.
In April 2003, a New York Times article discussed the push by federal prosecutors to crack down on accounting fraud in which one expert said,
These have become the hot, sexy cases.
What followed were the convictions of chief executives including Jeffrey K. Skilling of Enron, Bernard J. Ebbers of WorldCom and John J. Rigas of Adelphia Communications... Bernie Madoff..
The attraction seems to have worn off. The number of corporate accounting cases at the Securities and Exchange Commission has dropped to its lowest level in a decade, with only 79 such cases filed in the most recent fiscal year.
The S.E.C. Is 'Bringin' Sexy Back' to Accounting Investigations - NYTimes.com
So was Obama just lying when he railed against Wall Street?
His tough message warned the financial community to "hear my words: We will not go back to the days of reckless behavior and unchecked excess at the heart of this crisis, where too many were motivated only by the appetite for quick kills and bloated bonuses."
Obama Criticizes Wall Street "Complacency" - CBS News
I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street, Obama said in an interview with CBSs 60 Minutes program.
Obama Criticizes ?Fat-Cat Bankers,? Defends Afghan War Strategy - Bloomberg
Seems kind of hypocritical doesn't it???
In April 2003, a New York Times article discussed the push by federal prosecutors to crack down on accounting fraud in which one expert said,
These have become the hot, sexy cases.
What followed were the convictions of chief executives including Jeffrey K. Skilling of Enron, Bernard J. Ebbers of WorldCom and John J. Rigas of Adelphia Communications... Bernie Madoff..
The attraction seems to have worn off. The number of corporate accounting cases at the Securities and Exchange Commission has dropped to its lowest level in a decade, with only 79 such cases filed in the most recent fiscal year.
The S.E.C. Is 'Bringin' Sexy Back' to Accounting Investigations - NYTimes.com
So was Obama just lying when he railed against Wall Street?
His tough message warned the financial community to "hear my words: We will not go back to the days of reckless behavior and unchecked excess at the heart of this crisis, where too many were motivated only by the appetite for quick kills and bloated bonuses."
Obama Criticizes Wall Street "Complacency" - CBS News
I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street, Obama said in an interview with CBSs 60 Minutes program.
Obama Criticizes ?Fat-Cat Bankers,? Defends Afghan War Strategy - Bloomberg
Seems kind of hypocritical doesn't it???