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26.3.17 0029
The W - Current Events & Politics - Worldcom/Enron/Dick Chenney
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Jaguar
Knackwurst








Since: 23.1.02
From: In a Blue State finally

Since last post: 52 days
Last activity: 30 days
#1 Posted on
So with one of the government watchdog groups bringing a civil suit against Dick Chenney and the company he was formerly CEO of for bad bookkeeping like Worldcom and Enron, I was just wondering where everybody stood on all this?

Personally I can't see much being done to reign in Corporate America with Bush and Co. in charge. His whole plan has been to relax the laws against big business, and has put more proponets of Big business into all the positions that are supposed to regulate them. What I'm really curious about is the fact that most of the crimes were committed years ago during the Clinton administration. So now with the Republicans in control, I would've thought it would be even easier to do shady bookkeeping without anyone trying to regulate them, but all these scandals keep coming out. Is it just because of the Recession, that's forced all these companies so far in the red that they cannot hide it anymore?

Food for thought, I guess.
-Jag



"You gotta hate somebody before this is over. Them, me, it doesn't matter."

"Hate, who do I hate? You tell me."

"Who do you love?"

-Wintermute to Case in William Gibson's Neuromancer
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Having actually lived throught he era, I would secong the opinion that not everybody was doing it. I would also point out he wasn't a "kid" but an adult.
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