“Like Sarbox, it is destined to fail—except for all the lawyers and accountants and new bureaucrats it will enrich.”
~ Neil Weinberg found the silver lining.
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“I’m not talking about billing hours, actual hours of work were 80 to 120 hours. […]
Thumbs Up or Down on Financial Regulatory Reform?
“The answer to that question for both proponents and detractors of the bill is to read it. All of it. Then decide.“
~ Steven M. Davidoff, the Deal Professor, read all 2,300 some-odd pages and just assigned all of you some homework. It’s going become law after all.
Memo to the World: You’ll Just Have to Live with the Big 4 Whether You Like It or Not
“[T]here are plenty of industries where there are four big players. The world just has to get on with it.”
~ John Griffith-Jones, chairman of KPMG in the UK and co-chairman in Europe on the concern that four accounting major accounting firms are not enough.