Huffington Post: Disgraced CEO Behind Report Calling For Weakening Post-Enron Corporate Governance Reforms

Corporate titans are salivating over the propect of weaking the post-Enron corporate governance reforms known as the Sarbanes-Oxley law. House Speaker Nancy Pelosi has told the media she is open to some changes and a new report out today is supposed to provide the substantive reasons for softening the rules.

It turns out, though, that former AIG insurance executive Maurice Greenberg, who was ousted because of accounting manipulations and misrepresentations, runs the foundation that funded the report calling for weakening the corporate governance and accounting standards that helped uncover AIG's misconduct.