Daniel Gross on the report of the Senate Governmental Affairs Committee:
What hypocrisy! After all, Lieberman was a notable opponent of SEC-sponsored accounting reform in the 1990s. Perhaps the SEC could have done a better job ferreting out the fraud at Enron and other corporations--if only Lieberman and Thompson's colleagues had given the agency the resources it needed to do the job. When then-SEC Chairman Arthur Levitt suggested new rules to curtail aggressive accounting, senators explicitly threatened the agency's meager funding.

To paraphrase Pogo, "They have found the enemy and he is them."