re: #559 austin_blue
No they can’t. Not if they cheat. That’s what Enron did. They got away with it for ears and cost people billions, while enriching a select few.
As for the second bit, without any public option, it’s just the status quo. That’s not working.
But Enron did get caught in the end. There will always be cheaters and laws and regulations will adapt to deal with them. It’s a offense/defense spiral, just like getting a bomber through hostile air defenses.