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(An exception is Sarbanes-Oxley, which has been much criticized, but I have not heard anyone blame it for the current financial crisis.) You've never heard any
by byrneseyeview 18y ago
(An exception is Sarbanes-Oxley, which has been much criticized, but I have not heard anyone blame it for the current financial crisis.)
You've never heard anyone point out that Sarbox raised the cost of being a public company, which increased the number of LBOs, which leveraged the economy and fed the CDO market, which led to the collapse?