[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]

M,

I'm having a hard time keeping track of how many corporations are restating earnings and revenues back to 1999. The most recent was Qwest but I believe that Worldcom and Enron was in the same boat. Are you noticing a pattern forming or is just me?

jriemer

[bandleader]

Exactly!I wonder how much LARGER their contributions grew after Levitt's failed attempt? at accountancy reform????