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Engadget Podcast 170 - 11.08.2009
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Reader Comments (Page 1 of 1)
John @ Jun 14th 2007 11:11AM
Sarbanes Oxley strikes again. And to all of you who say "Sarbanes what?", you're part of the problem in this country.
John B @ Jun 14th 2007 11:31AM
Unfortunately, SOX is yet another one of those law that need to be repealed due to complete cluelessness on the part of the morons who wrote it. It's was nothing more than an attempt to make a feel-good, kiss-the-constituents'-asses, look-at-me-I'm-doing-something-because-am-pretending-to-care law. It only passed because the other lawmakers are equally as clueless and didn't want to look as though they didn't care about Enron.
I still have no problems with Creative sound cards, though. :P
Mike McGrath @ Jun 14th 2007 2:34PM
The CEO of the NYSE himself said that there was no question that SOX was necessary. If the corporations were capabable of policing themselves, then yes, there would be no need for SOX and everyone would be better off, but Enron and Worldcom proved that you can't trust the foxes to run the henhouse. The real people bitching about SOX are the greedy amoral sh*ts who can no longer get away with cooking the books like back in the bad old days.