The TSC Streetside Chat: Former SEC Investigator Seth Taube

With the markets focusing as never before on what goes on beneath those green eyeshades, we took some time to discuss accounting shenanigans with attorney Seth Taube, who has worked both sides of the aisle during his career.

Throw together a softening economy, a dusty trail of complex financial practices, a growth-obsessed investor class and a great deal of poor judgment, says Taube, and you have the makings of a groundswell for accounting reform -- not to mention a mudslide of legal and criminal liability.

Taube has a ringside seat on the issue. He defends corporate clients accused of securities fraud for McCarter & English, a Newark, N.J.-based law firm. Previously, Taube served as branch chief of enforcement for the Securities and Exchange Commission in New York and was also a former assistant U.S. attorney in Manhattan. ...