At least, the US Government did eventually pass the SOX Act. An impressive piece of bipartisan legislation from the W. Bush White House:
“The act was approved in the House by a vote of 423 in favor, 3 opposed, and 8 abstaining and in the Senate with a vote of 99 in favor and 1 abstaining. President George W. Bush signed it into law, stating it included “the most far-reaching reforms of American business practices since the time of Franklin D. Roosevelt. The era of low standards and false profits is over; no boardroom in America is above or beyond the law”
— from wikipedia, https://en.m.wikipedia.org/wiki/Sarbanes%E2%80%93Oxley_Act, paragraph 6
How improbable might such legislation sound today in contemporary Washington D.C.!
- This reply was modified 1 year, 1 month ago by Louis-H. Campagna. Reason: Corrected typo