For four years fraud charges have been hanging over two former executives of Sendit as a result of their acquisition of CUC," Dobbs complained. "Nothing has happened, absolutely nothing."
The company Dobbs was talking about was Cendant, not Sendit.
There's plenty of blame to go around on both sides of the aisle for hamstringing the SEC during the Clinton administration. It would be a huge mistake to think that this is a partisan issue.