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Why is Obama helping to roll back post-Enron reforms? email this discussion to a friend?

AMERICAblog News (19) 
2 months ago

C'mon, this is getting silly. Since more than half of the public companies are below the $75 million mark, this has potential to be very damaging to investors who are already beaten down. Companies are already doing audits so it's questionable how painful this argument really is. There have been enough problems related to audits (and the auditors, in particular) but to weaken the system any more seems to run counter to properly reforming a very damaged system. Huffington Post:The...

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AMERICAblog News
(19)
Another multi-million dollar payout at AIG?

Incredible. Whatever bunch of idiots are allowing this need to be fired - without severance - today. Every day there's yet another surprise like this. Let the entire damned thing collapse and...

Started in AMERICAblog News • 3 days ago • 0 responses
Tags: wall street

AMERICAblog News
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JPMorgan CEO phones UK Finance Minister over bonus tax

And remember, JPMorgan's CEO is Jamie Dimon who is also closely tied into the Obama team. He is often listed as one of the lead candidates to replace Geithner or take over other leading economic...

Started in AMERICAblog News • 3 days ago • 0 responses
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AMERICAblog News
(19)
Yawn...another investigation into Wall Street fleecing customers

And surprise, surprise, another tie to the new Obama team. This same old story gets increasingly old during this administration that talked so much about change. It's the same old problem involving...

Started in AMERICAblog News • 1 week ago • 0 responses
Tags: wall street

AMERICAblog News
(19)
Most of AIG bonus money not yet repaid, as promised

How many times is Washington going to be duped by these people? Promises mean nothing with this crowd. Is it asking too much for Obama or Congress to to get tough with Wall Street?When word spread...

Started in AMERICAblog News • 1 week ago • 0 responses
Tags: wall street

AMERICAblog News
(19)
Bankrupt and failed Lehman to pay massive bonuses

You can't even make up stories like this it's so crazy. CNBC:The Wall Street bank which collapsed last year plunging the world into a deeper financial crisis is paying generous bonuses and...

Started in AMERICAblog News • 1 week ago • 0 responses
Tags: wall street
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