> how long ago did these slimebags abuse the system
How long ago is 2008?
> are we sure it's still a problem in the modern era?
Sure seems like it to me.
How long ago is 2008?
> are we sure it's still a problem in the modern era?
Sure seems like it to me.
As mentioned earlier, Sarbanes-Oxley regulations on public company reporting (which is what is being discussed here) precedes the 2008 financial crisis. There are different regulations that came into place on banks after the 2008 crisis like the Basel III capital requirements that attempt to solve a different problem.
Why do you think 2008 could not have happened without Fanny and Freddy?