In his first speech as Treasury Secretary, Hank Paulson hints at trimming back Sarbox, suggesting that it's time to "achieve the right regulatory balance."
Treasury secretary Henry Paulson is the latest among a growing number of government and corporate leaders to suggest that the Sarbanes-Oxley Act and other regulatory changes passed in recent years have gone too far.
In a speech Tuesday at Columbia University, the former head of Goldman Sachs, who took over Treasury three weeks ago credits "corrective measures" in the wake of the corporate scandals at Enron and elsewhere for increasing investor confidence and playing a role in the economic recovery.
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