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Wednesday, June 22, 2005

Pendulum Acceleration?

Thank goodness William Donaldson is still chairman of the SEC. Otherwise, conspiracy theorists would be running wild at the Wall Street Journal's report (page C1) today that the commission is preparing for the possible demise of KPMG by, among other things, contemplating case-by-case waivers of Sarbanes-Oxley's auditor independence rules.

Talk about a way to rapidly swing the pendulum.

posted by Brian Moran @ 10:32 AM   1 comments

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