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That's what gets lost in this, in my opinion. Certainly there is a big upside that is missed out on, the article makes a good point. But at the same time, SOX
by JonFish85 13y ago
That's what gets lost in this, in my opinion. Certainly there is a big upside that is missed out on, the article makes a good point. But at the same time, SOX burdens companies to have to meet very strict reporting policies, which ultimately is good for the average investor(s) (in my opinion). Not to beat a dead horse, but how did Enron work out for the average Joe/Jane?
- pmarca 13y agoScott's point is that Enron was a giant, long-established public company. Sarbox may have helped prevent the next Enron, with an unanticipated side effect of all but killing IPOs and growth in the public market. It's like passing a law to prevent the next giant cruise ship from hitting an iceberg, and accidentally killing rowboats in the process.