Comments on: Inspector Generals http://blog.sunlightfoundation.com/2008/12/22/inspector-generals/ Sunlight is said to be the best of disinfectants... Wed, 17 Mar 2010 18:20:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Richard Fahey http://blog.sunlightfoundation.com/2008/12/22/inspector-generals/comment-page-1/#comment-45700 Richard Fahey Wed, 24 Dec 2008 12:09:44 +0000 http://blog.sunlightfoundation.com/?p=6200#comment-45700 The link to Jake's report is incorrect in the post. The correct link is http://www.propublica.org/article/sec-report-employees-browsed-porn-ran-private-businesses-1219 The link to Jake’s report is incorrect in the post. The correct link is http://www.propublica.org/article/sec-report-employees-browsed-porn-ran-private-businesses-1219

]]> By: Koppany Varga http://blog.sunlightfoundation.com/2008/12/22/inspector-generals/comment-page-1/#comment-45360 Koppany Varga Tue, 23 Dec 2008 00:16:16 +0000 http://blog.sunlightfoundation.com/?p=6200#comment-45360 I don't think, the size of the bailout justifies JUST asking some more transparency in the way the money is spent. The bailout being in the same weight as the New Deal or the Marshall Plan, it is fair to require RULE CHANGING measures. Financial institutions and government agencies were complicit in bringing about the meltdown. Why do we think, the same old companies and the same old controlling agencies, giving some more information public, will behave that much different in the future? If we get 20% more information from them (of ALL of their information flow), they might work 20% better and more sincere. Are we kidding ourselves? 20% for 700 billion USD? Let's push politicians to introduce the policy of RADICAL OPENNESS, where financial institutions should make ALL their main information flow public online in real-time. From IMs to board meeting minutes. From feasibility studies about new products to all data they give to their auditors. Let a new breed of companies grow and do the job instead of failing auditing and credit-rating companies, and government agencies. This is only a modest request compared to the sheer size of the spending from taxpayers' money. http://koppanyvarga.wordpress.com/2008/12/23/need_for_radical_openness/ I don’t think, the size of the bailout justifies JUST asking some more transparency in the way the money is spent. The bailout being in the same weight as the New Deal or the Marshall Plan, it is fair to require RULE CHANGING measures.
Financial institutions and government agencies were complicit in bringing about the meltdown. Why do we think, the same old companies and the same old controlling agencies, giving some more information public, will behave that much different in the future?

If we get 20% more information from them (of ALL of their information flow), they might work 20% better and more sincere. Are we kidding ourselves? 20% for 700 billion USD?

Let’s push politicians to introduce the policy of RADICAL OPENNESS, where financial institutions should make ALL their main information flow public online in real-time. From IMs to board meeting minutes. From feasibility studies about new products to all data they give to their auditors.

Let a new breed of companies grow and do the job instead of failing auditing and credit-rating companies, and government agencies.

This is only a modest request compared to the sheer size of the spending from taxpayers’ money.

http://koppanyvarga.wordpress.com/2008/12/23/need_for_radical_openness/

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