Sucking It Up Over SOX

from cNet News

When a venture capitalist grandee like Jim Clark speaks, Silicon Valley pays close attention. Netscape’s founder recently made a point about Sarbanes-Oxley regulations by announcing his departure from the board of directors at photo-printing site Shutterfly, where he served as chairman. In his resignation letter, he cited the “constraints” imposed by Sarbanes-Oxley on his role there.

However, CNET’s Charles Cooper says the public is likely to show little sympathy because the techno-elites are being forced to dot a few more i’s and cross a few more t’s.

More here.


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