Friday, December 17, 2010

Free Enterprise Fund v. Public Company Accounting Oversight Board

In this article the Supreme Court weighs its option on the validity of parts of the anti-fraud law brought on by the Enron scandal. Some beleive it has to be changed otherwise the separation of powers is not in balance because the president cannot control it because he does not have the power to appoint or remove officials from office in this organizations board. Others believe it is necessary to have a board to stop fraud, but it should be able to be controlled by the president in some way. The supreme court is still looking into this and is expecting to have it figured out by spring.

Free Enterprise Fund v. Public Company Accounting Oversight Board

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