The wall seperating analysts and traders appears to have completely broken down in Merril Lynch. Yesterday, NYT reported that SEC is joining the investigation. The accounting scandal in QWest is now one of many in the telecommunication world. There is also the well documented travails of Anderson Consulting.... This year there has been a crop of accounting scandals.
Does the financial world needs stricter regulatory mechanism or is it simply a matter of lax supervision? (more inside)
posted by justlooking
on Apr 17, 2002 -
12 comments
That didn't take long. Thanks to Paul Krugman; it's high time someone disagreed with Bush's wrongheaded fiscal ideas. Bush is going back to fuzzy math to justify another tax cut.
posted by Yelling At Nothing
on Oct 7, 2001 -
8 comments