In Defense of Sarbanes-Oxley: Difference between revisions

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{{item
{{item
|author=Paul Volcker
|author=Paul Volcker
|author2=Arthur Levitt
|source=The Wall Street Journal
|source=The Wall Street Journal
|date=June 14, 2004
|date=June 14, 2004
Line 7: Line 6:
|quote="More importantly, we must not forget that U.S. markets are the best in the world because they are the best regulated. We should not engage in a race to the bottom. Instead, we should lead the world to the top, and we are. Countries are emulating our reforms -- from the new Combined Code in the U.K. to Germany's new Kodex of best practices -- and as a result, we are strengthening the global economy, not being defeated by it."
|quote="More importantly, we must not forget that U.S. markets are the best in the world because they are the best regulated. We should not engage in a race to the bottom. Instead, we should lead the world to the top, and we are. Countries are emulating our reforms -- from the new Combined Code in the U.K. to Germany's new Kodex of best practices -- and as a result, we are strengthening the global economy, not being defeated by it."
}}
}}
{{additional_author|Arthur Levitt}}


{{opinion|Sarbanes-Oxley Act|Act should be reformed|against}}
{{opinion|Sarbanes-Oxley Act|Act should be reformed|against}}

Revision as of 21:33, April 23, 2007

This is an opinion item.

Author(s) Paul Volcker
Source The Wall Street Journal
Date June 14, 2004
URL http://online.wsj.com/article/SB108717805594936016.html
Quote
Quotes-start.png "More importantly, we must not forget that U.S. markets are the best in the world because they are the best regulated. We should not engage in a race to the bottom. Instead, we should lead the world to the top, and we are. Countries are emulating our reforms -- from the new Combined Code in the U.K. to Germany's new Kodex of best practices -- and as a result, we are strengthening the global economy, not being defeated by it." Quotes-end.png


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This item argues against the position Act should be reformed on the topic Sarbanes-Oxley Act.