Why are SEC cases at the lowest in a decade?

healthmyths

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Sep 19, 2011
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The number of corporate accounting cases at the S.E.C. has declined in recent years.
In April 2003, a New York Times article discussed the push by federal prosecutors to crack down on accounting fraud in which one expert said,
“These have become the hot, sexy cases.”

What followed were the convictions of chief executives including Jeffrey K. Skilling of Enron, Bernard J. Ebbers of WorldCom and John J. Rigas of Adelphia Communications... Bernie Madoff..

The attraction seems to have worn off. The number of corporate accounting cases at the Securities and Exchange Commission has dropped to its lowest level in a decade, with only 79 such cases filed in the most recent fiscal year.
The S.E.C. Is 'Bringin' Sexy Back' to Accounting Investigations - NYTimes.com

So was Obama just lying when he railed against Wall Street?
His tough message warned the financial community to "hear my words: We will not go back to the days of reckless behavior and unchecked excess at the heart of this crisis, where too many were motivated only by the appetite for quick kills and bloated bonuses."
Obama Criticizes Wall Street "Complacency" - CBS News

I did not run for office to be helping out a bunch of fat-cat bankers on Wall Street,” Obama said in an interview with CBS’s “60 Minutes” program.
Obama Criticizes ?Fat-Cat Bankers,? Defends Afghan War Strategy - Bloomberg

Seems kind of hypocritical doesn't it???
 
Well shit, since the moonbat messiah has disgraced us with his presence, wall street is doing pretty well in spite of all his policies....

Oh wait, that was just bullshit rhetoric. He hasn't implemented any policy that would reduce corporate cronyism. In fact certain corporations aren't PAYING ANY FUCKING TAXES AT ALL, but at least Apple was dragged into the senate.

But at least he closed gitmo right???

Oh wait.....

But THERE ARE NO LOBBYISTS IN HIS ADMINISTRATION!!!!

There are???

Well at least minorities are getting their fair share!!!

Minority unemployment has been higher than anytime since the great depression throughout his term??

Well at least the global political situation has stabilized!

What do you mean the middle east is in greater turmoil than the Carter years?

Do you bed wetters have a single success you can attribute to the actions of your messiah? NOTHING has improved since he took office, but it's still Bush's fault right?
 

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