Wednesday, March 31, 2010

Reich: Fraud on the Street

from Robert Reich

on the Street

Tuesday, March 30, 2010

The Securities and Exchange Commission announced
Monday it had begun an inquiry into two dozen financial companies to
determine whether they followed accounting practices similar to those
recently disclosed in an investigation of Lehman Brothers.

Where on earth has the SEC been?

There are few people with whom I disagree more often than Mr. Reich but he is dead right in this article. I is not long so read it all here.

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