Ball point pen on todays newsprint

Lawmakers hoped Sarbanes-Oxley would fight corporate corruption the way the RICO Act did organized crime: Become a powerful tool for prosecutors to punish individuals that we all knew to be criminal but were historically insulated from prosecution. The Supreme Court however found Sarbanes-Oxley Act to be too vague. That volleys the ball back to the legislators to write a more specific law to protect us from the likes of former Enron exec Jeffrey Skilling.

The post Jeffrey Skilling appeared first on Larry Roibal.

Ball point pen on the morning newsprint

Madoff was sentenced to 150 years. Here are some other sentenced notables, From top to bottom: Shalam Weiss was sentenced to 845 years for bilking $125 million from National Heritage Life Insurance. Bernard Ebbers got 25 years for taking WorldCom for $11 Billion. Jeffrey Skilling is serving 24.3 years for fraud and conspiring to mislead investors of Enron.

The post Throw Away The Keys appeared first on Larry Roibal.