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.
Reader Comments (Page 1 of 1)
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.