How the heck did all this financial "crisis" happen (again!) I seem to remember a little thing called Sarbanes Oxley Act that was supposed to hold companies accountable for their financial statements. So, what happened ? How long have the numbers been tanking before the "bailout" is now needed ? We're pretty quick to help put a band aid on a problem and less enthusiastic about teaching or providing long term help.
Clearly these firms didn't have investments in the oil market
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