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New Ugly statistics
Page full of ugly statistics about the current corporate crime crunch.

[link|http://www.citizenworks.org/admin/press/pc-corp-crime-index.php|Citizens Works]

Some of these are truly disgusting.

Rise in CEO pay between 1990 and 2000 (before adjusting for inflation): 571%

Amount in taxes that Enron paid between 1996 and 2000[30]: $17 million

Amount Enron received from the U.S. government in tax rebates from 1996 through 2000[31]: $398 million


In passing it also mentions what I think is one of the core underlying problems.

Number of civil cases the SEC referred to U.S. Attorneys for criminal charges from 1992 to 2001[3]: 609

Defendants prosecuted[5]: 187


Jay
New The foxes and the chickenhouse
Great link you posted. Truly wonderful statistics and ammunition against "the invisible hand". On the other "invisible hand", if you'd like to understand the way the government works, it's best to go to [link|http://www.surferess.com/CEO/html/how_to_buy_a_politician.html|
the terminology page].

The site itself is very interesting...

I'm LMAO watching congress bite the hand that feeds them. There will be a lot of sound and fury surrounding "corporate ethics" in the next few months (before November), but notice little of it will have to do with campaign finance reform... I'm having trouble with the base premise that congress can "oversight" anything, let alone business ethics and accounting practices. If congress and the president enact some type of legislation to hold accountants to a higher standard for corporate America, do you think they will hold themselves to it?
Just a few thoughts,

Screamer


You need rhino skin
If you're gonna begin
To walk
Through this world
You need elephant balls
If you don't want to crawl
On your hands
Through this world

Oh my love if I reveal
Every secret I've concealed
How many thoughts would you steal
How much of my pain would you feel

You need eagles wings
To get over things
That make no sense
In this world

You need rhino skin
If you're gonna pretend
You're not hurt by this world

If you listen long enough
You can hear my skin grow tough
Love is painful to the touch
Must be made of stronger stuff

You need rhino skin
To get to the end
Of the maze through this world

You need rhino skin
Or you're gonna give in
To the needles and pins
The arrows of sin
The evils of men
You need rhino skin


T. Petty - Rhino Skin
New Re: The foxes and the chickenhouse
It would be funny if it weren't so sad about how the Congress is getting itself into a frenzy about Corporate America when almost every one of them would be in jail themselves if they applied the same standards to themselves.
Famous last RPG quotes: "I'll just shoot this fireball down the dungeon passageway..."
     Ugly statistics - (JayMehaffey) - (2)
         The foxes and the chickenhouse - (screamer) - (1)
             Re: The foxes and the chickenhouse - (wharris2)

The world of cereal is a rich and exciting one, and no mistake.
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