Go Sarbox Yourself

Wow, so what does this do for Eliots's Street cred? Read the whole thing on OpinionJournal.


Two Cheers for Nancy Pelosi
Democrats think outside the Sarbox.


Have America's entrepreneurs and corporate leaders found a new voice of regulatory sanity in, of all people, Nancy Pelosi? Apparently so, and that should be a wake-up call to Republicans--because like everything else in the free market, the free enterprise agenda is up for grabs. In the recent "Innovation Agenda" that the House Democratic leader and her party unveiled, Ms. Pelosi acknowledges specifically the need to "ensure Sarbanes-Oxley requirements are not overly burdensome," and endorses reform. Meanwhile, the scourge of Wall Street, New York Attorney General Eliot Spitzer, is criticizing Sarbanes-Oxley's "unbelievable burden on small companies" and its possible role in "preventing some initial public offerings."