Sarbox only applies to public companies, no? I wasn't papering over the costs, I assumed we both knew they exist. Public companies can typically afford a litt

Sarbox only applies to public companies, no? I wasn't papering over the costs, I assumed we both knew they exist. Public companies can typically afford a little accounting overhead, I don't think anyone's being dissuaded from starting a business because if they go public and become megamillionaires, there will be marginally more sarbox-related accounting work than there would've been anyways. Libertarian is functionally equivalent to conservative in a post-january-2009 world. Sorry, it's not my fault, blame the tea party. The point still holds regarding the triumphant freshman class of 2010-2012 -- where are these guys on reforming sarbox? They're too busy ranting about socialism or death panels on Fox News and threatening to default the government. Like I said, I'm all for reform that makes it cheaper, more effective or more efficient. Where are you actually disagreeing with me here? EDIT: I actually do think it says something in favor of sarbox that nobody had an Enron style accounting disaster during the implosion. I mean, given that we saw every other form of financial bad behavior on display, why not that form too? Impossible to prove a negative, of course.