Friday, April 16, 2010

Bummer

Evidently, Congressman Waxman's lawyers talked some sense into him, and he's cancelling the planned hearings to bully companies who actually complied with Sarbanes-Oxley requirements to share information that might impact their bottom line.

Which is something of a bummer, as I was hoping that companies would stand up to him and make it very clear that they were simply complying with a bill that Waxman had supported, and that to back off from what they were saying--or for that matter to hold hearings to intimidate those who told things Waxman didn't want to be heard--would be a felony. It would have been a great thing to watch with a big bucket of popcorn.

2 comments:

K-Rod said...

I agree. The more voters that see this for what it is the better.

Gino said...

it worked.
waxman got his weekly dose of facetime.
that what this was all about.

but, like i said, i would LOVE to be hauled before one of his committees.