The Free Market, price of gas, class warfare or socialism?

[GTripp0012]

Originally Posted by Sheriff Gonna Getcha

Schneed doesn't mean to attack people personally, he just doesn't pull any punches with regard to how he feels about someone's opinion.

As for cooking the books, let me just say the SEC can bring the hammer when companies get too cute. In the post-Sarbanes Oxley (i.e., post-Enron/WorldCom) world, it's become a lot more difficult to overstate/understate earnings. As a securities lawyer, I must say that I have a lot of confidence in the SEC. The SEC and securities laws are not perfect, but they are pretty damn good. Moreover, dmek, companies have a vested interest in OVERstating their profits.

Speaking of SOX, does anyone have any links to quality articles on the subject?

I have a paper due in 9 hours on Sarbanes Oxley.