Steve Odland quotes:

There's been a sea change in our focus on corporate ethics. We've made more progress in the last three years than the previous 30.

You have more independent eyes scrutinizing the decision-making and financial statements of companies.

I don't mean to sugarcoat the figure on restatements, but I think it is positive - it shows a healthy system. The general impression of the public is that accounting rules are black and white. They are often anything but that, and in many instances the changes in earnings came after new interpretations by the chief accountant of the SEC.