According to the report, the SEC started the whole charade by delegating its authority over accounting principles back in 1938.

FORBES: Why Everybody's Jumping On The Accountants These Days

First, the U.S. General Accounting Office is reviewing the legal authority underlying the establishment of ICANN by the Clinton administration.

CNN: New domains at last

Cox has the authority to override the Financial Accounting Standards Board's insane insistence on mark-to-market accounting rules, but he has done nothing.

FORBES: Mini-Depression of 2008