Principled Profit: The Good Business Blog

Musings on the world-wide movement for ethical business, frugal marketing, and how honesty, integrity, and quality combine with deep relationship building to create business success. By the originator of the Ethical Business Pledge campaign and award-winning author of Principled Profit: Marketing That Puts People First and five other books

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Wednesday, March 01, 2006

Free Enterprise Institute & Starr Hate SarbOx

The February 06 issue of Business Ethics Magazine's online edition includes this shocking note: A business lobbying firm called the Free Enterprise Forum has joined with an unnamed Nevada accounting firm to attack the Public Accounting Oversight Board, a key provision of the Sarbanes-Oxley corporate reform law of 2002.

SarbOx is pretty mild stuff, compared to the laws I might have written. But corporations do find it burdensome, with all the reporting requirements, etc. Still, they've had four years to get used to it, and it's pretty amazing to come across remarks like this, from FEF chair Mallory Factor:

"It's a bad law and we'll get rid of it any way we can."

Oh, and guess who's on their legal team: Ken "Monica Lewinsky" Starr, and one of GWB's former U.S. assistant attorneys general for legal policy, Viet Dinh.

Starr spent millions of our tax dollars chasing down Clinton's apparent inability to keep his pants zipped (or to tell the truth about it)--and now he's attacking the ethics watchdogs. Hmmm.


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