Word: oversights
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Certainly, the run of greed-inspired scandals beginning in 2001 with Enron has brought about meaningful changes. The accounting industry now has a federally chartered oversight board. Stock analysts are no longer permitted to shill for investment bankers at road shows. Bankers at Goldman Sachs can't talk to analysts on the phone without a corporate chaperone listening in, and e-mails between their departments automatically bounce back. The compensation committees of public companies must now be composed of independent directors, reducing the chances for cronyism. There's legal basis for forcing executives to give back bonuses when accounting fraud...
...ream of 6,000 blank pages and decide that at least 2,000 pages were missing. "We'd certainly like to know why they're missing," said Republican Senator John McCain. Pentagon spokesman Larry Dirita insisted, "If there is some shortfall in what was provided, it was an oversight." Committee staff members haven't actually counted the pages. Chairman John Warner will investigate this week to see what is missing...
...Dean Kidd will look at the relation between the College and student activities, to see if it’s the right level of distance, and whether we should have as much faculty oversight,” Gross said last week...
When Kidd arrived at the College in 1996, she took an office in the PBH building—marking the first time PBHA faced on-site oversight...
...collaboration between Swift and Corbin in the oversight of PBH is the most unanticipated element of the report and will lead to an overall shift in the setup of the College’s public service system...