Tag Archives: sarbanes-oxley

Janet Tavakoli: What about Sarbanes Oxley? And who will investigate the FCIC?

Posted on August 9, 2010 by stacyherbert| 29 Comments

Stacy Summary: Another great interview with Janet Tavakoli. Here she talks about Ambac being to Citi what AIG was to Goldman and, importantly, asks what about Sarbanes-Oxley? Why have Citi and Goldman merely paid fines for their accounting fraud? We’re interviewing William K. Black for this Thursday’s Keiser Report and we plan on asking him this. (Took away the embed, follow link above to watch).

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Posted in Max Keiser Video

Tagged ambac, citi, fcic, janet tavakoli, sarbanes-oxley

Supreme Court Declares Sarbanes-Oxley Unconstitutional

Posted on June 28, 2010 by stacyherbert| 147 Comments

Stacy Summary: Supreme Court has just struck down part of Sarbanes-Oxley. They have also struck down Chicago handgun law. **UPDATE** – Bloomberg now reporting that the Supreme Court decision will not strike down Sarbox if the SEC is granted broader authority: “The 5-4 decision stopped short of ordering the work of the Public Company Accounting Oversight Board to stop, instead saying the Securities and Exchange Commission must have unfettered power to fire the board’s members. The board was established by the 2002 Sarbanes-Oxley law.