Enronsoxing Edit Meaning

1.

EnronSOXing is the political practice of hurriedly passing shortsighted law in response to politician’s urgent need to DO SOMETHING after a long neglected problem has exploded onto the public consciousness. True EnronSOXing must have two parts, the rapid creation of bad law and the preceding neglect and inaction during a time when the problem could have been addressed responsibly. Its etymology comes from the SOX (Sarbanes-Oxley) legislation passed in response to the Enron crisis.

Housing bailout legislation looks to be classic EnronSOXing.

See politics, shortsighted, enron, sox