Topic: Sarbanes-Oxley Act

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The Circle Bastiat
Facebook IPO dud: Is the future of public companies at risk?

In the wake of Facebook's poor stock market debut, is it time to start worrying about the future of publicly traded companies?
The Vote
Why was the Florida GOP debate audience so subdued?

Debate audiences have provided some of the most memorable moments of the campaign so far. But the Florida GOP debate crowd produced only occasional polite applause.
The tea party will fail -- unless it fully embraces individualism as a moral ideal

The tea party's aim to restore America's founding ideals is commendable, but it still harbors the same moral impetus that's justified bigger government since the Progressive Era. To deliver on its promise to restore lost freedoms, the tea party must anchor its work in Ayn Rand's understanding that all schemes that sacrifice the individual to society are morally wrong.
ThinkMarkets
Exploding the bubble cycle

Market crashes spur a new round of frenzied securities regulation. Then the market recovers, regulators get lax, and the unscrupulous find a new loophole to exploit.
Growthology
'No Way Out' (of the recession), especially for the poorest

The jobless recovery shows no signs of changing. One little-reported pattern: near-full employment among the most affluent and a true depression among the poorest.
What's the best way to create more jobs?

With unemployment still hovering near 10 percent, politicians are scrambling to push policies they think will create jobs.
The Entrepreneurial Mind
Chugging along towards socialism?

Are we depending too much on government intervention, instead of entrepreneurship, to pull the country out of recession?
Sarbanes-Oxley provision ruled unconstitutional

Sarbanes-Oxley's national board that monitors auditors of public companies violates the Constitution's separation of powers requirement, the Supreme Court ruled Monday.
Supreme Court rules for president in separation of powers case

The Supreme Court ruled Monday that a board overseen by the Securities and Exchange Commission operated under rules that violated the Constitution's separation of powers clause.
Robert Reich
Fraud on Wall Street: Where has SEC been?

In the wake of recent confirmation that Lehman Brothers' balance sheet was bogus, the Securities and Exchange Commission has announced it will look into the accounting practices of two dozen other financial firms.
Can Congress create agencies insulated from White House control?

The US Supreme Court is considering whether an oversight board created by Congress intrudes on executive branch authority - the latest battleground in the dispute over separation of powers.
Exit of GM's Fritz Henderson: Four messages

The unexpected departure of GM CEO Fritz Henderson signals the board's impatience with the pace of change – especially compared with Ford.
Before AIG bonuses debacle, a shift toward lower executive pay

Many moves were already under way to change the compensation culture.
Recessions expose financial scandals

Bernard Madoff's Ponzi scheme isn't the only scam uncovered during tough economic times.
What it might take for the US to remain No. 1

Economists call for greater thrift, less dependence on foreign oil, and a closer watch on Wall Street.
Will Asian financial centers overtake Wall Street?

Hong Kong is rising fast thanks to the growth of China. It passed New York as the biggest issuer of initial public offerings in 2006.
Ride out Wall Street's hurricane

The real reasons we're in this mess – and how to clean it up.
Efforts to regulate 'Wild West' markets are long overdue

Moves by the Fed and the Treasury to prop up mortgage giants are a welcome sign.
New cats for Wall Street's mice

A Treasury plan to simplify rules for the financial industry could both nurture and fix it.