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To: BusterBear

“Sarbanes/Oxley”

Sarbox is a joke. Not as much of a joke as Reg FD.


499 posted on 09/21/2008 1:53:58 PM PDT by Sunnyflorida (Unless you are nice and thoughtful you will be ignored. Write in Thomas Sowell.)
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To: Sunnyflorida; BusterBear
“Sarbanes/Oxley”

Sarbox is a joke. Not as much of a joke as Reg FD.

IFRS, on the other hand, could play more havoc with US securities, especially the part about valuation of assets. It might actually be a good thing that the weak critters are being cut from the herd now, ahead of the US usage of IFRS.

509 posted on 09/21/2008 3:19:57 PM PDT by Bernard (If you always tell the truth, you never have to remember exactly what you said.)
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