Re: Interesting - that point discussed on Aust TV last night
Head of Chartered Accountants in Australia said Bush had maybe 2 good opportunities to get things right & the one big thing he could have fixed was the issue of expensing stock options.
His opinion is that Bush failed to do anything that matters.
This particular issue reinforces my point that even with a known & internationally recognised flaw such as the stock options expensing, Govt & business in US won't take the obvious action to fix the problem so companies such as MS are doing what is not good but doing it legally.
Why do I think so? Because the people making the most money have the means to keep the system fixed in their favour, i.e. money! Hard to fix it, really...