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The data denies it. Number of IPOs fell 90% in the two years preceeding SarBox, and increased afterwards: http://www.xconomy.com/wordpress/wp-content/images/20

• hga 13y ago
  You don't entertain the possibility that the dot.bomb crash and 9/11 had anything to do with that initial fall? Do you note that the number of IPOs failed to recover in the period before the Great Recession? This is one of the reasons I say it wasn't only SarBox, but that SarBox "was only the last set of nails in this coffin".
  • muzz 13y ago
    That was not your claim. Your claim was: "Nobody I know denies that the US IPO market almost entirely shut down after SarBox", which is simply contradicted by the data