This one comes to us from the illustrious Jim Zucker:

Living in Houston, even more than ten years after the collapse of Enron, references to Ken Lay, Jeff Skilling, Andy Fastow, et al., still catch my attention. Recently, Fastow, the Enron CFO who became the Government’s “star witness” in its prosecution of Lay and Skilling and has served his own jail sentence, spoke to a Financial Statement Accounting class (riveting!) at Tufts. His observations (as conveyed by the professor) on the effect of the law and regulation are not surprising to regular Mockingbird readers:

“Regulation has not prevented fraud. In fact, it…

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