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Sarbanes Oxley has been a disaster. I used to work in audit for Deloitte; I still have nightmares. I would never ever take one of my companies public (if we're
by fallentimes 18y ago
Sarbanes Oxley has been a disaster. I used to work in audit for Deloitte; I still have nightmares.
I would never ever take one of my companies public (if we're lucky enough to get that far :-D).
- DanielBMarkham 18y agoAgreed. It's interesting that SarBox has so many advocates. After all, it sounds good on paper -- kind of like killing flies with nuclear radiation. Definitely shows that the government means business. In my opinion, it seems that when a crisis occurs, we have a tendency to over-react (SarBox, TSA, etc) Politicians would rather be remembered for "doing something" even if later on it turns out to be a huge CF.
- fallentimes 18y agoIn a way it sort of reminds me of the sex offender laws - what politic could vote against it? The headline media would destroy him: "Senator X Supports Sex Offender".
- teyc 18y agoThe media has long relegated it's role of being an educator. Hopefully, this mess is big enough to make editors and journalists wake up and realize that their 401k's are getting screwed too.