Away with Sarbanes Oxley?

Whatever happened to the rabid calls for eliminating Sarbanes Oxley? Does anybody even Enron, Tyco, Worldcom, etc? After calls for strong regulation to prevent such things from happening again, Congress gave us the weak Sarbanes Oxley. Not long after, the business press was squealing about the excessive requirements of Sarbanes Oxley.

Now that the subprime mortgage scam is imploding, Sarbanes Oxley has fallen from notice.

Any thoughts?

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