Heads will roll?_其他_趣味英语-查字典英语网

Heads will roll?

Added to all that, there are fears that Lord Penrose’s report, not expected to see the light of day until the end of this year at the earliest (well over two years since he was appointed) will shed little new light on how the regulators got it so wrong for so long, not least because the Treasury has intimated that much of the more damning evidence could be suppressed.

The only apparent remaining hope rests with Ann Abrahams, the Parliamentary Ombudsman, who does have powers to demand proper answers, and to recommend compensation payments.

But the Treasury appears intent on blocking this route for as long as possible, or at least until Penrose has published his report.

- Piling misery on misery, Telegraph.co.uk, February 19, 2003.

2. After Enron disintegrated in 2001 amidst brazen balance sheet chicanery, high-level heads rolled. Former CEO Jeff Skilling went to jail. Ken Lay, another Enron chief, was found guilty of fraud but died before sentencing.

Later in the decade, other unscrupulous executives ended up behind bars, among them former WorldCom CEO Bernie Ebbers and former Tyco CEO Dennis Kozlowski.

These convictions were part of a difficult process of restoring a shattered public confidence in the American economic system. But it has now been two years since Wall Street helped cause a financial collapse – one which sparked a grueling recession and cost taxpayers more than $1 trillion – and only one trophy scalp, that of Ponzi schemer Bernie Madoff, has been obtained by authorities. Several major financial industry targets have wriggled free without ever being charged, while some others were tried and went free.