Thursday, March 8, 2007

Oxley Repentant

Senator Oxley admits that the Sarbanes-Oxley legislation was passed in a hurry, and looking back he would do things differently. And given that laws are easier to pass than repeal, this one's going to continue to hurt US businesses for a while. I know of at least one company that is spending a lot, and jumping through a lot of needless hoops because of Sox: mine.

1 comment:

Anonymous said...

the auditing industry and lawyers, however, have benefitted A LOT!