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Sarbanes-Oxley, I don't have that big of a problem with it, but I have a problem if it impedes capital and just kind of ruins the party.
He grabs Monkey by the collar and growls, "I never gave a shit about Pearl Oxley and I sure as hell don't care about you".
"What do I do that's not a crime?" asks Mary Hevener, a tax lawyer at Baker & McKenzie in Washington, D.C. "If I want 100% certainty that there is no Sarbanes-Oxley problem, I make sure the executive repays the loan".
By the way, when I get rid of Obamacare and I get rid of Dodd-Frank and I get rid of Sarbanes-Oxley, it doesn't mean I don't want to have any law or any regulation...It means I want to make sure it's modern, it's updated, it goes after the bad guys, but it also encourages the good guys.
Rice-Oxley and I met again for lunch.
Finally, eventually, Rice-Oxley and I contrived to meet.
But smaller companies can't and so I absolutely believe that new businesses, smaller businesses shouldn't have to comply with the full scope of Sarbanes-Oxley, and I think there's no question that Sarbanes-Oxley has had a chilling effect on companies' decisions to list here as opposed to perhaps listing on other exchanges around the world.
I absolutely believe that new businesses, smaller businesses shouldn't have to comply with the full scope of Sarbanes-Oxley, and I think there's no question that Sarbanes-Oxley has had a chilling effect on companies' decisions to list here as opposed to perhaps listing on other exchanges around the world.
I didn't ask him about Sarbanes-Oxley, but if I had, I probably would have been told that he couldn't discuss the particulars of his investigations, which was the answer to many other questions I did ask.
Perhaps, they are just being excessively cautious in this post-Sarbanes-Oxley era, yet I could not help but notice that they did not sound as optimistic as they did just one or two quarters earlier.
Isn't Sarbanes-Oxley working in that regard? A. I think it is working in that way.
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Justyna Jupowicz-Kozak
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