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Tuesday, October 12, 2004

Moneymakers: Hal Degenhardt on Sarbanes-Oxley

Out of anger, haste and politics came Sarbanes-Oxley, but it did serve as a useful shot in the arm to investor confidence. There's a lot of focus on internal controls, on the board of directors, audit committees. I think it's sending a message to boards to ask tougher questions and change the culture of the board room.

I'd like the ability to let companies that want to cooperate with us turn over reports from their outside law firms and general counsel do so without waiving their attorney-client privilege.

Moneymakers: Hal Degenhardt on Sarbanes-Oxley


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