10. July, 2002 - A Nasty Business
- Neal St. Anthony/On Business: Cry havoc, and let slip the dogs of the SEC [strib]
- Bush defends stock dealings; ex-WorldCom execs are silent. I don't expect Bush will go far enough in his efforts, but he's making the right noises at the moment, at least. But again, there's really no need for new laws, just a need to enforce the existing ones and to stop turning a blind eye to cooked books. Nick Denton may have a longer rant on the issue, but I can't double-check it right now, as his site's down.
The real reason to attack corporate corruption, and to let the fatcats swing from the rafters, is to defend the system of American capitalism. The CEOs who inflated earnings, the investment bankers who encouraged them, and the accountants who turned a blind eye: they are not just white-collar criminals, they are traitors. They have done more to undermine the freewheeling culture of American business than any external enemy.
[strib and instapundit]
- The Technology Secrets of Cocaine Inc. They're pretty high-tech. Of course, they've got money to spend on buying cool technology. See also Biker gangs putting Web to deadly use. [some guy]
- The Baen Free Library really gets how to deal with piracy. [some gal]
- A Last-Minute Plea To Save Internet Radio. [some guy]
- Rep. Boucher Outlines 'Fair Use' Fight, which would, among other things, prevent record companies from making copy-protected CDs. [some guy]
- The librarian of Congress' Determination of Reasonable Rates and Terms for the Digital Performance of Sound Recordings and Ephemeral Recordings; Final Rule. Well, there it is, then. [doc]
- Stadium talks stuck; Twins expect to go back to Capitol because they want to build in Minneapolis, and that can't happen with Hennepin County excluded by the current law. When I first saw the headline, I read it as
Stadium talks suck.
and said to myself I bet they do.
[strib]
Copyright 2008, Dave Polaschek.
Last updated on Wed, 10 Jul 2002 08:00:15.