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      Ayn Rand Institute

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      Ayn Rand Institute

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      ; The Ayn Rand Institute: The Center for the Advancement of Objectivism (ARI) is a 501(c)(3) nonprofit think tank in Irvine, California that promotes Ayn Rand's philosophy, called Objectivism. It was established in 1985, three years after Rand's death, by Leonard Peikoff, Rand's legal heir. Its exec
      ; The Ayn Rand Institute: The Center for the Advancement of Objectivism (ARI) is a 501(c)(3) nonprofit think tank in Irvine, California that promotes Ayn Rand's philosophy, called Objectivism. It was established in 1985, three years after Rand's death, by Leonard Peikoff, Rand's legal heir. Its exec
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      Ayn Rand Institute on Should the Sarbanes-Oxley Act be repealed?

      Ayn Rand Institute
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      The Sarbanes-Oxley Act should be repealed.

      Repeal Sarbanes!

      1/12/2008 4:25:43 PM

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      Repeal Sarbanes!

      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      Sarbanes Oxley must be repealed—not "relaxed," as many business groups are timidly suggesting.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

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      "End, don't mend"

      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

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