[Galtoid]

My theory is that there must have been a big 1999 Push from the Clinton misAdministration to send signals to corporate crooks that their SEC, etc., would look the other way. 1999 was a pivotal year for the buildup and preparation for an Algore run. The Clintonites had way too much invested in their criminal enterprise known as the White House, and they had to grease the skids for Gore. Thus, earnings were inflated; stocks were overvalued; Rubin lied about everything having to do with the economy. The dupes who voted for Gore primarily wanted to keep the good times going. Their only mistake was that the market was nothing but a Bubba Bubble--nothing else. If you'll look at the history of all these corporations, you will find an incredible number of misdeeds started occurring in '99, and it was no coincidence.

[mewzilla]

1999 was the same year that Arthur Levitt proposed his auditor independence rule. And we all know what happened to that. Sounds to me like the Toon administration had a pretty good idea just what was going on in some of those corporations.

[jriemer]

Galtoid,

I think you may be on to something.

Holder's rule change is essentially a "Get out of Jail Free" card for every corporation that wants to cook the books to look good to the stock market. Crooked excutives that don't pony up to the Democrat party would be investigated for fraud and those that do will be overlooked. Either way, the corpration will live on forever. A brilliant scheme that didn't work because Gore lost.

jriemer