May 27, 2006

NSA now has power to exempt companies from the law!

President George W. Bush has bestowed on his intelligence czar, John Negroponte, broad authority, in the name of national security, to excuse publicly traded companies from their usual accounting and securities-disclosure obligations. Notice of the development came in a brief entry in the Federal Register, dated May 5, 2006, that was opaque to the untrained eye.

Read more:

Intelligence Czar Can Waive SEC Rules

No comments: