Sarbanes-Oxley Reality Check on Bureaucracy
- Tags:
- Federal Government,
- Sarbanes-Oxley,
- Regulatory Compliance,
- Regulations,
- Policies And Procedures,
- Pointshop,
- Martha Stewart,
- Human Resources,
- Government,
- Financial Accounting,
- ...
- Source:
- Pointshop
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Overview: The Sarbanes Oxley Act was a politically motivated maneuver to take advantage of the disdain for Corporate Executives accused of fraud in the mass media court of public opinion. Yet all the real courts of law have acquitted most of the corporate executives of any wrongdoing. Except for Martha Stewart in which the Justice Department put up an FBI agent on the stand who perjured himself in order to get the conviction. Martha Stewart was not up on fraud charges; they accused her of lying to an investigator. Whether she did or not is irrelevant because the government lied itself under oath to convict her.
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