Quote:
Originally posted by Sidd Finch
eta: Note that I tried to start a discussion on Cox several days ago, but we were all busy arguing about whether Chilean wines produced under Pinochet were as good as the Bordeaux produced under Petain. My view is that, while the PSLRA was in part a necessary response to abusive suits, it contributed to an attitude that there was no accoutability to investors.
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I responded to this the other day but it went no where.
Why do you think that the PSLRA changed accountability to investors? My guess, and it is only a guess, is that the number of securities law suits filed since the PSLRA has not been dramatically effected and may have even increased post SOX.
eta: Hey all you tax dorks out there . . . if this discussion goes anywhere, you'll get a feel for how the rest of us feel when y'all delve into your esoteric tax discusisons.
