The groups are drafting proposals to provide broad new protections to corporations and accounting firms from criminal cases brought by federal and state prosecutors as well as a stronger shield against civil lawsuits from investors.
Less then 4 years after Enron and Worldcom and they're already trying to go back to business as usual. The idea that we should protect these people from paying for their wrongs is laughable, but most likely will occur as the S.E.C. will pass most of these "reforms" as administrative policies. The only way to stop these policies, which are scheduled to be announced the day after the election is by an act of Congress.
So ask yourself who is more likely to vote to uphold the more stringent law, Joe or Chris "Big Business's best friend" Chocola?
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