[Dean's World] Dean: Overreaction to Enron?

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Posted by Dean:
Overreaction to Enron?
http://www.deanesmay.com/posts/1165298616.shtml


   The Wall Street Journal says that [1]legislation to increase corporate
   oversight in the wake of Enron has gone too far.

   The funny thing is I heard a lengthy story on National Public Radio
   about a week ago basically saying the same thing: that while the
   reform laws had some good things in them some of the requirements were
   so onerous that a lot of companies are just avoiding doing business in
   the United States or starting up new companies here if they can avoid
   it.

   It wouldn't surprise me. Legislation passed in the immediate aftermath
   of a dramatic even is often overdone. Perhaps the new Congress will
   address the problem. Now that Democrats will feel the need to actually
   govern rather than simply kneejerk oppose all things Republican, good
   things can happen.

References

   1. http://www.opinionjournal.com/diary/?id=110009339