Well, Leiberman just finished his turn taking carefully moderaterated softball questions on the Washington Post website. Just for kicks, what would you ask Lieberman if you had a chance to ask one unmoderated question that he had to answer?
Personally, I'd like to get his hindsight take on expensing stock options. Many experts feel that a major factor that allowed the stock market bubble to get so out of control and worsened the subsequent economic slowdown was the fact that corporations gave out millions of dollars worth of stock options to their employees and treating the options as if they were costless on their financial reports. This made companies look more profitable to investors than they really were. It's estimated that properly accounting for stock options would have reduced corporate profits by a whopping 20%.
In 1993, the accounting industry's self-regulating body actually did the right thing and tried to require companies to count stock options as the expense they are, a move supported by the Clinton SEC. Senator Lieberman sponsored a bill in Congress that essentially killed this proposal. So are we experiencing the Leiberman recession? (In Leiberman's defense, a large majority of Congress supported this sad endorsement of corporations blatantly lying to investors.)