The act was named after its two main sponsors, Senator Paul Sarbanes (pictured right above) and Congressman Mike Oxley (left). Sarbanes-Oxley, or SOX, as it has become known, was unpopular with business people from the start. In recent years it has been hard to find a chief executive of a public company who does not complain vehemently about the burdens imposed by the dreaded SOX.
Indeed, rather than diminish as the initial shock wore off, the complaints have only got louder. The SOX-bashers have been joined by such luminaries as Alan Greenspan, the former head of the Federal Reserve and Bob Greifeld, the boss of the NASDAQ stockmarket. And the critics are not just American. Because of SOX, says Mr Greifeld, international business clearly perceives a problem with US markets today.
It didn't cure Enron. It is killing U.S. corporations.
Go Ohio!
Let me know when you're ready to defend Taft. Ever hear of the SSTA?
Vote Totals- U.S. Senate
District #011 |
||||||
Locality | G F Allen (R) |
J H Webb Jr (D) |
G G Parker (IG) |
Write Ins |
Votes Cast | Precincts Reporting |
Fairfax County | 64,132 42.8% |
84,325 56.2% |
1,380 0.9% |
140 0.1% |
149,977 | 105 of 106 99.1% |
Prince William County | 11,489 49.3% |
11,540 49.5% |
275 1.2% |
23 0.1% |
23,327 | 19 of 47 40.4% |
Fairfax City | 3,182 42.7% |
4,187 56.2% |
87 1.2% |
0 0.00% |
7,456 | 6 of 7 85.7% |
District Totals | 78,803 43.60% |
100,052 55.35% |
1,742 0.96% |
163 0.09% |
180,760 | 130 of 160 |
G F Allen (R) |
J H Webb Jr (D) |
G G Parker (IG) |
Write Ins |
Votes Cast | Precincts Reporting |