Originally posted by: Tripleshot
Originally posted by: etech
Originally posted by: dmcowen674
Now that the Feds have got the heinous 62 year old Rich Corporate white lady, it's time they start going after some bigger boys:
3-6-2004 SEC Targets More Fortune 500 Names
The U.S. Securities and Exchange Commission is bringing more financial fraud cases against big-name, Fortune 500 companies, said a top SEC enforcement official on Saturday.
Equipped with a bigger staff and faced with a wave of corporate scandals, the SEC brought 199 financial fraud cases in 2003, and 34 of them involved Fortune 500 companies, said Susan Markel, SEC Enforcement Division chief accountant.
"In part, it's our willingness to take on the larger cases and it's also the resources we've been given to pursue them," she told reporters after a presentation at a conference in Washington.
Until its recent sharp budget increases, the SEC had been reluctant to take on the armies of lawyers fielded by major corporations, but that's changing, securities lawyers said.
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Interesting just how far will the U.S. Government go in eating it's own tail? Because afterall they are paid for by the very same Corporate Thugs they are now targeting.
Good, Clinton let them run rampant for eight years and now under a Republican administration they are being brought to justice.
Deal with it.
Yea, Clinton, Bush Sr., Carter, Ford, Nixon, Reagan, They all did. You Deal with it.
The point is, the problem is now being dealt with. That's a good thing and you die-hard Bush bashers just have to deal with it. But you can't, can you?