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Those "few bad apples" caused the worst global recession since the Depression. Let's not minimize the circumstances that led to Sarbox. Edit: This is wrong, se
by pcwalton 8y ago
Those "few bad apples" caused the worst global recession since the Depression. Let's not minimize the circumstances that led to Sarbox.
Edit: This is wrong, see below.
- rpedela 8y agoI thought SOX came out of Enron and WorldCom which didn't have much to do with the 2008 recession?
- antidesitter 8y agoSarbox was enacted in 2002.
- tomjakubowski 8y agoThe 2007-2008 financial crisis led to Dodd-Frank, which is much more concerned with banking practices than public investment.