I think you're missing the more important point from that scandal, which was the first GOXXXing that I remember anyhow... It was revealed that they didn't have any outside parties auditing their books or verifying their security practices.
That never changed!
Shrem says they were getting audited
Who the fuck is shrem? Where are the audit results? Where are the books?
"Hi, welcome to the Merril Lynch board meeting. For our quarterly results SHREM is going to present our financial statement..."
lol you people amaze me.