What Cooked the World's Economy?

What Cooked the World's Economy?
It wasn't your overdue mortgage.
By James Lieber, VillageVoice, January 28, 2009
Black contends that aggressive prosecution would be good for the economy because it may help prevent cheating and fraud that inevitably cause bubbles and destroy wealth. The Sarbanes-Oxley law passed in Enron's wake, for instance, is supposed to make corporations now keep the kinds of documents necessary to assess criminality. Whether the CEOs, CFOs, and others who controlled the current frauds will do so is another matter. "Don't count on them keeping records for long," Black warns. "It's time to get out the subpoenas." (more)