FORUM
« Southwick nomination |
"Reaching Too Far? The Role of State Attorneys General" »
July 31, 2007
SarbOx and Spitzenfreude
This, from co-blogger Mindles H. Dreck at Megan McArdle's, is worth quoting in its entirety: Radley Balko makes a good point:
Spitzer denies any knowledge of what his closest aide was doing, which seems improbable.
But hang on. Even he didn't know, isn't this the same guy who wants corporate executives held criminally liable for the mistakes of their underlings, even if they had no knowledge of those mistakes? Isn't this the guy who wanted to make not knowing about those mistakes a crime in and of itself?
Hmm, perhaps we should make elected officials sign a certification or disclosure form under threat of large financial penalties, and stating that they know what all their underlings are up to.
Nah, too draconian.
Posted by Walter Olson at 12:05 AM
| TrackBack (0)
|
categories:
Corporate Governance NY & Region
|
|