Question
Regarding the Sarbanes-Oxley Act.Because SOX addressed matters of fraudulent accounting rather than the issuance and subsequent sale of sub-prime loans, it did not prevent the
Regarding the Sarbanes-Oxley Act.Because SOX addressed matters of fraudulent accounting rather than the issuance and subsequent sale of sub-prime loans, it did not prevent the global financial crisis of the first decade of this century, (meaning the global financial crisis of 2006-2010- depending upon who you ask about when it started and ended).
Question
1. Imagine you are asked to attend a working breakfast/lunch with Senators and Representatives on key Congressional Committees.
What actions do you want to ask them to take?
Do you want Congress to add regulations or repeal regulations?
Are there certain regulations or classes of regulations you would specifically seek to have implemented or repealed?If so, which ones and why?
How will your perspective change depending upon the type of business you head?What types of certainty are you looking for?
why the Sarbanes-Oxley Act did not prevent the crisis?
How does this relate to the debate regarding regulation or deregulation of the markets?
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