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February 23, 2005
SOX Ethics
Mike & I spent the day yesterday attending a seminar on Sarbanes-Oxley & Federal sentencing guidelines. Which was much more interesting than it sounds. The morning was spent discussing whether the Supremes ruling in Booker striking down the federal sentencing guidelines for use in sentencing individuals meant that the guidelines wouldn't be used against organizations for violations of corporate regulations such as SOX. General consensus: HAHAHAHA! Lemme know how that works out for you. As in, don't count on it.
The rest of the seminar was about how enforcing a good corporate code of ethical conduct & actually following the requirements of SOX would keep a corporation and its directors & officers out of trouble. Imagine that.
It was held at JBU in Siloam Springs, just a short drive for us, which was nice. Nice too was the huge poster of Condi Rice we saw in someone's office window there, accompanied by a big sticker that said something like "Rice in 2008".
Very nice indeed.
Going to class last night after spending all day in a seminar was, OTOH, not so nice.
Posted by Rita at February 23, 2005 07:28 AM