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Sarbanes-Oxley and the City

Sarbanes-Oxley and the City

by Rick Turoczy on October 3, 2006

Recognizing that New York is losing important wealth-generating business to overseas markets, the city Economic Development Corp. last week approved the hiring of consultant McKinsey & Company to “study the issue.”

The consultants will advise the city on how to improve its competitive standing into the future. According to a City Hall spokesman, Sarbanes-Oxley will play just a bit part in the conversation.

How . . . underwhelming.

Sarbanes-Oxley and the City

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