The Bush Administration Has A 'Top-Secret' Fetish

via Marketplace - Negroponte given power to waive SEC rules

The President just delegated authority to John Negroponte that allows him to exempt any publicly traded corporation that is working on national defense issues or national security issues from the reporting and accounting requirements under the 1934 Securities and Exchange Act. It's basically the rules and regulations that require companies to keep accurate records, acurate books, accurate accounting . . . and then disclose those projects and that information to investors.