Seeing the highlights (or lowlights) this morning of last night’s NFL game brought to mind the troubles that have occurred over the last decade or so regarding corporate fraud. If you don’t follow NFL football, or are not aware of what happened at the end of last night’s game, here’s a summary:
*The NFL is using “replacement” officials due to the lack of a new collective bargaining agreement
*The Seahawks won the game with a very questionable call (click on the Packers helmet for the video)
Granted, one NFL game isn’t at all on the same playing field as the collapse of Enron, which led to thousands of employees losing their life savings in 401(k) plans tied to the energy company’s stock. Nor is it on the same planet with the accounting scandals of WorldCom, Tyco, Qwest, Bristol-Myers Squibb or Lehman Brothers. What it does have in common, though, is that the right controls were not in place. Bringing back the properly trained and experienced referees is the Sarbanes-Oxley Act that the National Football League needs right now.
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