Another Dark Little Corner


moon phases
 

Started this before change to "New Blogger", as backup in case of trouble with digiphoto blog "In a Small Dark Room", or rants & links blog "Hello Cruel World" . Useful - at one stage Dark Room was there, but like the astrophysical Dark Matter, we could't see it ... better now, but kept Just In Case.


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There is nothing. There is no God and no universe, there is only empty space, and in it a lost and homeless and wandering and companionless and indestructible Thought. And I am that thought. And God, and the Universe, and Time, and Life, and Death, and Joy and Sorrow and Pain only a grotesque and brutal dream, evolved from the frantic imagination of that same Thought.
Mark Twain (letter to Joseph Twichell after his wife's death)
[me, on a bad day]


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2007-03-12
 
Eternal Vigilance: Business Pushes Back Against Regulation  
Business Pushes Back Against Regulation
http://money.excite.com/jsp/nw/nwdt_rt_top.jsp?news_id=ap-d8nq6sf02&

Sunday March 11, 5:00 PM EDT

WASHINGTON (AP) — The push by business interests to ease the laws and rules laid down in response to the 2002 corporate scandals is getting a serious hearing in Washington that is giving the idea heightened visibility.

An array of companies and business leaders have been making the case that the requirements born of the crisis of corporate malfeasance are overly onerous and costly.

A high-profile committee of business, legal and academic figures put forward proposals in November to clip back corporate governance rules, class-action lawsuits against companies and auditors, and criminal prosecution of companies by the government.

A second group, formed by the U.S. Chamber of Commerce, is releasing its report and recommendations Wednesday.

The Chamber also has been waging a legal assault against what it views as excessive regulation from an overreaction to the scandals, suing the Securities and Exchange Commission over rules and scoring several victories in high courts.

"Business is putting a big push on in the final years of the Bush administration," said James Cox, a law professor at Duke University.

Some experts, including Lynn Turner, a former SEC chief accountant, have warned against a softening of the rules


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