Comment 28057

By Brandon (registered) | Posted January 07, 2009 at 16:04:35

A Smith,

Where do you think that the threat of criminal prosecution comes from? Regulations, that's where.

Without regulations, you have absolutely no basis whatsoever to compare one company to another, as for all you know a company could be expensing their long-term debts to reduce their liabilities.

Regulations give us a common ground and make it possible to compare apples to apples.

Enforced regulation means that we have a chance of believing what we read.

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