Report card on SOX

A report card on the Sarbanes-Oxley Reform Act from Pejmanesque. I give it a "D" from imposing huge costs and inefficiencies in the system, thereby favoring large businesses over entrepreneurial ones, and doing little to actually adress the problem. Perhaps it gave investors a sense that the politicians were doing something about the Enron issue, but this was a sop to grandstanding politicos, lawyers, and accountants.