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Re: Rak, certify what integrity of companies.Wall street is a mess.

By: Rakitno in IDCC | Recommend this post (0)
Fri, 06 Jan 12 8:29 PM | 325 view(s)
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Msg. 44210 of 48237
(This msg. is a reply to 44208 by my3sons87)

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If the mess is uncovered (ie. pissed off the wrong politician and/or their donors and have no political protection) SOX gives the legal avenue to go after the CEO and CFO and hold them legally accountible.

Level of risk and amount of responsibility in generating sales are two different things. For a CFO the risk is high because of SOX, responsibility to generate sales is often low.

SOX is the reason why Jon Corzine should not have a leg to stand on ... heck he sponsored the bill ... then again see first point above ...




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The above is a reply to the following message:
Rak, certify what integrity of companies.Wall street is a mess.
By: my3sons87
in IDCC
Fri, 06 Jan 12 8:20 PM
Msg. 44208 of 48237
Rak, certify what integrity of companies.Wall street is a mess.

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