Comment 28042

By Brandon (registered) | Posted January 06, 2009 at 12:03:00

Or, you could support a government that doesn't cut down on the number of audits of big businesses. I know, I know, crazy thought.

If you eliminated all the rules, you'd essentially kill the vast majority of investment dollars. Who but the independently wealthy have time to truly assess the accuracy of firms statements? Do you really believe that you have the time and the skills to do this? Would you be willing to invest in a free for all market?

With more government sponsored independent audits of public companies, fraud will decrease, which means your 20k would have been safer.

It's not enough to have rules, you need to have people to enforce the rules. Ideally not hired from the companies upon which the rules will be enforced, which was a favourite tactic of the Bush administration. And people are shocked when things go wrong....

Deregulation is what got us where we are today.

I am disappointment in you're grammar.

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