Comments on: Pelosi on SOX

By: PointOfLaw Forum

PointOfLaw Forum — Thu, 16 Nov 2006 16:56:50 +0000

Pelosi: we're open to SOx reform...

Prof. Bainbridge has details.......

By: save_the_rustbelt

save_the_rustbelt — Thu, 16 Nov 2006 03:28:53 +0000

With all this honesty nonsense, how can Wall Street and the CEOs steal all the money they want?

Why, doesn't the backdating of stock options prove that CEOs have reformed and seen the light?

I'm waiting for the new disclosures on "pay consultants," won't that just be interesting, perhaps giving new meaning to conflict of interest. Or maybe incest.

By: iaintbacchus

iaintbacchus — Wed, 15 Nov 2006 23:52:11 +0000

While it's a shame that SOX is costing American companies a lot to comply, I'm unable to overlook the fact that they brought this on themselves.
Enron, TYCO, et.al. have taught us that no corporate board of directors can be trusted to govern itself. If coporate profits are lower, at least the money that I HAVE to invest in them for my retirement is less likely to be plundered.
And I sincerly doubt that SOX is costing our economy as much as rockstar salaries and perks for senior management is.

By: Dave Schuler

Dave Schuler — Wed, 15 Nov 2006 04:10:31 +0000

Just for the record, Steve, even small, privately held corporations aren't safe from Sarbanes-Oxley. Several of my clients have been compelled to conform to its provisions by their Fortune 1000 customers (so that the Fortune 1000 customers could comply themselves). Consequently, the costs of compliance and the friction that compliance has introduced into the system is much, much higher than estimated.

By: spencer

spencer — Tue, 14 Nov 2006 23:27:46 +0000

WOW -- SOX passed under a republican Congress and a republican president.

it wouldn't be another example of republicans being bad for business would it?

If you want to live like a Republican vote democratic.

so how are you going to blame this on democrats?

By: Wickedpinto

Wickedpinto — Tue, 14 Nov 2006 21:43:45 +0000

Pelosi on SOX

I was so pissed and conflicted for a second.

Fortunately, I learned that she wasn't a SOX fan (either of them) but rather a rotten corrupt scumbag, like her own giants hero's bloodstream.

By: Unpartisan.com Political News and Blog Aggregator

Unpartisan.com Political News and Blog Aggregator — Tue, 14 Nov 2006 21:24:36 +0000

Pelosi supports Murtha for majority leader...

Likely House Speaker Nancy Pelosi will back prominent Iraq war critic John Murtha over her current d...

By: Fersboo

Fersboo — Tue, 14 Nov 2006 21:21:38 +0000

Free market liberals! Who'd had thunk that? What was her role in the 2002 passage of SOX?

By: yetanotherjohn

yetanotherjohn — Tue, 14 Nov 2006 20:31:02 +0000

The reaction on the left if she does it is just icing on the cake.

By: http://www.elephantsordonkeys.com

http://www.elephantsordonkeys.com — Wed, 31 Dec 1969 18:00:00 +0000

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