How history is cyclical. (Devil In The Details).(Brief Article)
American Prospect, The, August, 2002
WHAT WITH THE ENACTment of the Sarbanes bill and all the talk of further corporate reforms, we've been turning to accounts of the New Deal years to see how Franklin Roosevelt and his merry band were able to bust up the Enrons of their day, put a lid on insider trading and establish a more transparent market in stocks.
They, too, had their sworn enemies on Wall Street, but they nonetheless enacted the Securities Exchange Act and a host of other legislation to protect American investors. (They also protected American workers, something that isn't on the agenda of the current ...
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