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Sarbanes-Oxley News & Developments
2006-08-25 | CFO Turnover Up 50 PercentChurn in the top finance slot is rapidly outpacing last year. The same study also shows that there were twice as many external CFO hires as internal promotions.
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2006-08-24 | First Data Restates Over DerivativesThe credit card giant complains that FAS 133 interpretations are "very complex and continue to evolve," and notes that Ernst & Young initially signed off on its derivative accounting.
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2006-08-17 | Defending Against Backdating SuitsLawsuits related to options backdating are on the rise, and directors and officers should consider both defense and insurance strategies as investigations turn into restatements.
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2006-08-16 | Going Once . . . Going TwiceAuctions designed to recoup the ill-gotten gains of executives-gone-bad offer souvenirs from low points in the history of American finance.
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2006-08-14 | Feds Want Skilling to PayFederal agencies are coming up empty-handed in their efforts to recoup payments from corporate wrongdoers.
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2006-08-04 | Wife to Keep $2.2 MillionThe SEC chooses not to pursue a trust fund set up by former Worldcom CFO Scott Sullivan in 2000 for his wife and daughter.
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2006-08-02 | Paulson: Regs Went Too FarIn his first speech as Treasury Secretary, Hank Paulson hints at trimming back Sarbox, suggesting that it is time to "achieve the right regulatory balance."
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