SARBOX is going to cost us more than Enron and Worldcom combined.
How can our financial firms still have any off balance sheet assets (like SIVs) and still be SARBOX compliant ?
How does the FAS 157 accounting rule affect their balance sheets for FY 2007/2008 ?
--probably be hard on the "get-even-with-CEO's" crowd, but I'm looking into trading on the London stock exhange through a Hong Kong broker in the name of a Panamanian corporation.
Maybe save me a couple dozen $K on next year's taxes...