I just finished No One Would Listen about the Bernie Madoff fraud. It ends in 2009 on an optimistic note, with the SEC making major changes, Congress interested in pursing cases of fraud, and proposed changes to the auditing process. It’s pretty depressing to see how much of that faded away, and from the outside it feels like we’re back where we were pre-financial crisis.
I’m sure it’s not as bad now as it was in 2007. Do you see lasting changes that came from that (that haven’t been rolled back in the last few years)?