Monday, January 08, 2007 When the new Congress began its session last week, two familiar faces were not present: Sen. Paul S. Sarbanes and Rep. Michael G. Oxley, who are both retiring. Sarbanes, a Maryland Democrat, has served for 30 years; Oxley, an Ohio Repub-lican, for 26 — and their main legacy will be their joint attack on corporate corruption, the Sarbanes-Oxley Act of 2002. The act, which was passed hastily in the wake of the Enron scandal, was surely well-intentioned. But it has proven counterproductive in the extreme, and Congress would best honor the departing lawmakers by repealing it. Say goodbye to Sarbanes-Oxley Previous articles The CorporateCounsel.net Blog - Spook "Risk Factor...
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