One seasoned observer remarked that the highly paid lawyers and lobbyists who routinely inform Senators and Hill staff of major problems with such a bill were caught "
asleep at the switch." There was ample opportunity for Washington's lobbying community to work on the legislation, since it was reported out of McCain's committee in June.
Were many of the recent accounting scandals set in motion because audit committees were 
asleep at the switch? "Everyone has recognized for some time that audit committees are not as effective as they should be," says Philip Livingston, CPA, president and CEO of Financial Executives International (FEI) in Morristown, New Jersey.
Mr Ludwig, a former Comptroller of the US Currency, said that while Rusnak was running up huge losses in bad bets on currency movements and covering up by entering fake options deals on the books, Mr Cronin was '
asleep at the switch'.
On the fate of Cronin he added: "He just didn't do his job - he clearly was 
asleep at the switch."
"We've sort of been 
asleep at the switch in California," says Tom Lieser, a senior economist with UCLA's California Forecast, in the unflappable tone of someone who's seen the Golden State clip and rise up again many times in his long career.
That way, he said, he could go back to his company and make sure that they weren't "
asleep at the switch" when NACDS got a deal.
"It's as if federal regulators have been 
asleep at the switch. They've been allowing the industry to set the terms of regulation, rather than taking aggressive action to put known and available safeguards into place."
Recent studies suggest that juvenile-onset diabetes, an autoimmune disease, may take root because a baby's immune system is 
asleep at the switch early on.
Matthew Martinez (D-Calif.) claimed "voters were not 
asleep at the switch, but they were hoodwinked.
"Bernie saw a Democratic machine in Burlington that was 
asleep at the switch. He knocked on a lot of doors and worked his head off and he just hit it right."
"I believe the major news media have been 
asleep at the switch on these things," SPJ President Paul McMasters said in an interview.
I don't know how to help people who are 
asleep at the switch." [5]
City officials fell 
asleep at the switch and allowed the Asian longhorned beetle to obtain squatter's rights in my neighborhood.
Sanders argued the Senate should not "say to somebody who was 
asleep at the switch in terms of regulating our financial institutions: Congratulations, you failed, there s a major recession, you re getting reappointed!