Bush's SEC Slashes Regulatory Fees on Corporations: Expect More Enrons

[CorpGovActivist]

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20070216:MTFH53557_2007-02-16_23-18-50_N16324440&type=comktNews&rpc=44

The press release title is laughable: http://www.sec.gov/news/press/2007/2007-24.htm

"SEC Chairman Cox Announces $700 Million Fee Cut to Benefit Investors"

- Dave

P.S. Chris Cox was a principal author of the Private Securities Litigation Reform Act, which was passed over President Clinton's veto, and which helped corporations like Enron avoid producing evidence in litigation under the "automatic stay" on discovery: http://en.wikipedia.org/wiki/Private_Securities_Litigation_Reform_Act

[bbgrunt]

1. abomination upon abomination upon outrage upon travesty....

[sakabatou]

2. Great...

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