Any fool -- like, oh, say, the president -- who tells you all these problems have been taken care of with by the Sarbanes bill should check out the Vinson & Elkins ad. Ashcroft makes five guys do a perp walk and thinks we're dumb enough to assume that's the end of corporate fraud. It is notoriously difficult to prove fraud and I, for one, am cynical enough to believe that there is a class of people in the country called Too Rich to Go to Prison.
August 25, 2002 6:00 PM
