So we're still waiting for serious corporate reform.

In retrospect, it's hard to see why anyone believed that our current leadership was serious about corporate reform.

If that belief is not changed, the current wave of corporate reform will ultimately fail.

That means hammering the Republicans as they back off on corporate reform - which they will.

Political reform has been much slower than corporate reform, but here, too, there are changes.

As bellwethers of corporate reform, their success would probably encourage companies in other industries to take similarly hard steps.

That means corporate reform is dead in the water.

"We've tried," she said, describing efforts to focus attention on corporate reform.

There's only one possible conclusion: The administration doesn't really want corporate reform.

And yesterday, Marsh announced a series of corporate reforms.