As Wall Street overhaul slips, a reminder from Enron Commentary: How history repeated itself sooner

08/06/2009 • Market Watch

I highly recommend this article think Cap and Tax and the money the residents favorite banker JP Morgan and Government Sachs not to mention gore, pelosi stand to make off your misery of being forced to pay for this nonsense. It was because in his bio is a stark reminder of what happens when we collectively ignore a major scandal and move on to the next bull market. Arnold, now managing partner of the $5 billion Centaurus Advisors hedge fund had worked for Enron Corp. back in the day. The disastrous and ultimately useless Sarbanes-Oxley law on accounting disclosure was rushed through. A handful of CEOs were tossed in country club jails. And the usual bunk about greater corporate governance was debated at conferences. Yet only seven years after Enron went down in a flaming pile of management hubris and false accounting -- taking corporate America's reputation with it -- small investors and savers found themselves again at the mercy of a Wall Street-induced scandal, this time one