Is there any chance of a law similar to the Sarbanes-Oxley Act being put into action in the aftermath of the sub prime mortgage crisis?
The home mortgage market is clearly a market that will need tidying up and a few rules that will prevent crisis like the one we are experiencing right now.
The Sarbanes-Oxley Act is a post the Enron & WorldCom scandal rule and contains 11 titles that describe specific mandates and requirements for financial reporting.
Ann-Mari's Blogg 