Like I said, there was no secret in the demise of Enron, as the chart of its steadily declining stock price illustrates. Nor was there no indication that Bernie Madoff was running a Ponzi scheme, as the numerous tips to the SEC, which didn't act on them. So don't give me your Marxist bullshit that we need to keep passing more and more laws to put "teeth" in accounting standards. How exactly did Sarbanes Oxley prevent Jon Corzine from stealing his depositors' money and squandering it? Oh, right, it didn't. So then it must have put "teeth" in the accounting standards so he could be sent to jail where he belongs. Oh wait, it didn't do that either. The fact is that your f*cking "teeth" are toothless and just hapmer the formation and growth of good, productive businesses, which is why the economy never has recovered from the last recession. It's as plain as the nose on your face that everything you support is either worthless or detrimental or both to economic growth, which is your aim in all this, though isn't it? So what's being "hidden" is the left's anti-capitalist agenda that is destroying the middle class. I'm looking forward to the opening of the curtain on the socialism behind everything you guys do that we're getting from Sanders' campaign. This is really gonna be great to finally have the debate you subversive Marxists have been avoiding for 70 years...Because assholes, possibly like you, didn't care what the GAAP and the GAAS said about accounting standards, or auditing standards. Passing a law put teeth into the requirements for generally accepted principles.
No secrets with ENRON??? They hid the truth from investors, which is what a number of companies have done in the past.
What the fucks the use.