Free Pricing | JCPenney Coupons | Pizza Hut Coupons | Home Depot Coupons
US treasury chief hints at Sarbox reform

US treasury chief hints at Sarbox reform

by Rick Turoczy on August 1, 2006

Hank Paulson, the new US treasury secretary, dropped a clear hint on Tuesday that he was ready to support reform of the controversial Sarbanes-Oxley corporate governance rules, which he warned were threatening American competitiveness.

The former chief executive of Goldman Sachs indicated in his first speech since taking office that he felt the regulatory “pendulum” had swung too far in response to the Enron and WorldCom corporate scandals and that “we need to go through a period of readjustment”.

US treasury chief hints at Sarbox reform

Leave a Comment

Previous post:

Next post: