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They have to knowingly and intentionally lie to the federal government in an annual report So it's a nonstarter, since the people being prosecuted for these th
by rhizome 8y ago
They have to knowingly and intentionally lie to the federal government in an annual report
So it's a nonstarter, since the people being prosecuted for these things will have lawyers adept at whittling down intent to only the most brazen and malicious behavior. Not only that, but Sarbanes-Oxley showed us how effective "annual report" red lines are.
- thrmsforbfast 8y agoPerhaps. But that's not a compelling argument against this bill. Perfect enemy of better and all that.
- rhizome 8y agoI agree that the nirvana fallacy is implicated, but there were zero convictions under SarbOx, zero prosecutions even.