Now who is pitching faith-based policies? It "should" stabilize? He hopes it stabilizes, because he has no idea what this legislation is going to lead to.
As someone who worked at one of the companies whose demise brought about the SOX legislation, all I can say is that if someone really wants to cheat, SOX is not a significant obstacle in a small company, and not an insurmountable obstacle even in a really big company. It creates a number of potential hurdles, but like anything else having to do with security, those hurdles can be gotten around. To me, SOX compliance is the equivalent of me having to take off my shoes at the airport. Inconvenient and expensive, but something we are all putting up with because of the actions of a small number of people. On Tue, Sep 9, 2008 at 6:35 AM, Dana wrote: > way to cherry pick the contents. The article also contains the following: > > How real is this threat? And what does it mean for investors? Standard > & Poor's Chief Economist David Wyss believes SOX is a factor in the > recent wave of privatizations, but a relatively minor one. He does, > however, think the legislation makes it even harder to be a public > company, which creates another incentive for outfits to stay or go > private. "Most of the issue is, I think, transitional. Once companies > learn to operate in the new environment, it should stabilize," Wyss > says > ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~| Adobe® ColdFusion® 8 software 8 is the most important and dramatic release to date Get the Free Trial http://ad.doubleclick.net/clk;203748912;27390454;j Archive: http://www.houseoffusion.com/groups/CF-Community/message.cfm/messageid:268478 Subscription: http://www.houseoffusion.com/groups/CF-Community/subscribe.cfm Unsubscribe: http://www.houseoffusion.com/cf_lists/unsubscribe.cfm?user=11502.10531.5
