Category Archives: Leslie Pratch and Pamela Mearsheimer on Financial Reform

11 Feb, 2010

The Future of Sarbanes-Oxley

Edited by Leslie Pratch; guest author Scott A. McPherson, CPA, CFE; originally posted on The Mearsheimer View. __________________________________________________________ Ah, Sarbanes-Oxley. It’s that albatross that has hung around so many business owners’ necks since it was unfurled in 2002. No wonder one of the top questions I’m asked is, “Scott… what do you think the future [...]

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06 Jan, 2010

Why the S.E.C. Keeps Backpedaling

Edited by Leslie Pratch; written by Pamela Mearsheimer Jesse Westbrook of Business Week has a great analysis of what’s going on – or not going on – at the S.E.C. After the Bernie Madoff debacle, Mary Schapiro, chair of the S.E.C. was ready to crack down and show the backbone of the S.E.C. This was [...]

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04 Jan, 2010

Not So Radical Reform

Edited by Leslie Pratch; written by Pamela Mearsheimer This week the BusinessWeek cover story is about the attempts – or lack thereof – of reform and regulation of the financial markets. BW starts out by describing the media following Barney Frank in the wake of the 2008 financial crisis, as if the media is paparazzi [...]

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30 Nov, 2009

Do We Really Need Sarbanes-Oxley?

Edited by Leslie Pratch; written by Pamela Mearsheimer The world continues to change, and not always in the same direction. Just as we are moving to an environment of more regulation in the wake of the crises of the last two year, someone is trying to yank the wheel of the regulatory machine and pull [...]

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29 Nov, 2009

What is Sarbanes-Oxley?

Edited by Leslie Pratch; written by Pamela Mearsheimer Sarbanes–Oxley is a piece of compliance legislation that was enacted in 2002 after the accounting scandals at Enron, WorldCom, Adelphia, Tyco and Peregrine Systems. The act is intended to increase regulation of boards and management of publicly-owned companies, and the accounting firms that audit those companies. The [...]

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25 Nov, 2009

Wall Street Versus America

Edited by Leslie Pratch; written by Pamela Mearsheimer This week BW reports on deals done between investment banks and local municipalities which, like so many other factors in this economy, have gone bad, leaving the little guy in the lurch. What happened? Cities, states and local municipalities have an ongoing need to raise capital to [...]

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