Because nobody likes oversight....

"Business interests, seizing on concerns that a law passed in the wake of the Enron scandal has overreached, are advancing a broad agenda to limit government oversight of private industry, including making it tougher for investors to sue companies and auditors for fraud.

A group that has drawn support from Treasury Secretary Henry M. Paulson Jr. plans to issue a report tomorrow that argues that the United States may be losing its preeminent position in global capital markets to foreign stock exchanges because of costly regulations and nettlesome private lawsuits."