the corporatists will fight the Sarbanes-Oxley forever.
here's what the bizness district says:
State of American Business 2006 Press BriefingThomas J. Donohue
President and CEO, U.S. Chamber of Commerce
U.S. Chamber of Commerce
Wednesday, January 4, 2006
excerpt:
Our Institute for Legal Reform will educate voters in states where there are important elections for Supreme Court judges and attorneys general.
And our law firm, the National Chamber Litigation Center, will aggressively represent the interests of the business community in court.
The Chamber’s effort to stop overreaching regulators and abusive prosecutors in the aftermath of Sarbanes-Oxley will continue full speed ahead.
We have formed an independent Capital Markets Commission to address the role that federal and state regulations, as well as trial lawyers, are having in driving companies and capital away from our markets.
Look for some interesting activities from the Commission in the coming months.