Only whereIstand members who have taken at least 25 stands can verify the opinions of public figures. Users must register in order to participate in all aspects of the whereIstand community.
6 opinion(s) remaining »
The Sarbanes-Oxley Act should be repealed.
Repeal Sarbanes!
1/12/2008 4:25:43 PM
Do you have evidence of the opinion of Ayn Rand Institute?
Evidence that the opinion of Ayn Rand Institute is:Yes
How does whereIstand verify public figure opinions?
This Evidence is:Approved
Rejected
Approved
Submitted by Alex Epstein (junior fellow at the Ayn Rand Institute):
That America's honest, productive businessmen are spending their time and shareholder money to "prove" they are not criminals—when they could be spending those hours and dollars on R&D, new product launches, or mergers and acquisitions—is a monumental injustice. Is it any wonder that misery among top executives is reported throughout corporate America, that top executives are departing at record rates, that more and more public companies are going private, that only a small fraction of the largest IPOs last year took place in the United States? Sarbanes Oxley must be repealed—not "relaxed," as many business groups are timidly suggesting. And we must start treating businessmen as American citizens: innocent until proven otherwise.
Posted on 7/8/2007 8:06:21 PM by SirenAthenaApproved 1/12/2008 4:25 PM
This Evidence is:AdminRejected
Cited approvingly on the Institute's website (and attributed to the Institute in republications elsewhere):
End, Don't Mend, Sarbanes-Oxley Monday, March 26, 2007 Irvine, CA--In response to a request by a group of business lobbyists to amend some portions of the controversial Sarbanes-Oxley accounting law, SEC chairman Christopher Cox has come out in favor of preserving the law as is. Alex Epstein, a junior fellow, at the Ayn Rand Institute, says both sides are wrong. "Sabanes-Oxley should be neither amended nor preserved. It is a fundamentally corrupt law that should be repealed. "
Posted on 6/26/2007 12:22:15 PM by vizinertiaApproved 1/12/2008 4:25 PM
You must be signed in to participate on whereIstand.com.
Register now to take stands, follow people and issues, request opinions and interact with other whereIstand members.
Let the community know what’s on your mind by writing a short post. (Posts become public upon registration)