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Unfortunately it's not enforced. Obama could slam half of the CEOs of Wall Street in jail with Sarbanes Oxley violations for wilfully looting their own firms ex
by crdoconnor 12y ago
Unfortunately it's not enforced. Obama could slam half of the CEOs of Wall Street in jail with Sarbanes Oxley violations for wilfully looting their own firms exactly as was done to Enron, but he made an executive decision not to (a quick glance at who pays Clinton's $500,000 post presidential speaking fees might give a hint as to why).
Unfortunately the lack of any real enforcement means that it hasn't been all that successful.
That doesn't mean it's a bad law.