Under penalty of severe punishment or imprisonment, The Sarbanes-Oxley Act of 2002 requires, among other things, that CEOs and CFOs of public companies certify the accuracy and fairness of reported financial statements, and that they have taken actions such that all material information is made known to them and that they have disclosed any fraud, whether or not material, that involves management or other employees.
In the event that senior executives of a public company were found to have misrepresented, manipulated, hid or falsified data regarding the safety and efficacy of their products, thereby knowingly putting at risk the health and lives of perhaps billions of people in exchange for billions of dollars in profits, would that constitute a violation under Sarbanes-Oxley and, if so, what might be the appropriate punishment?
What does it take for SEC to get involved? Maybe draw them a picture? Or is Sarbanes Oxley a complete sham?
All gov agencies are going to look the other way. ALL OF THEM.
It's going to be like Hillary Clinton and her server. "She didn't have any bad intentions."
Pfizer, Moderna, J and J etc did not have "bad intentions" so they'll be cleared. Perhaps after long show hearings. But they will be killed and they will have gotten away with murder.
I say again: Two words: Sarbanes Oxley
Under penalty of severe punishment or imprisonment, The Sarbanes-Oxley Act of 2002 requires, among other things, that CEOs and CFOs of public companies certify the accuracy and fairness of reported financial statements, and that they have taken actions such that all material information is made known to them and that they have disclosed any fraud, whether or not material, that involves management or other employees.
In the event that senior executives of a public company were found to have misrepresented, manipulated, hid or falsified data regarding the safety and efficacy of their products, thereby knowingly putting at risk the health and lives of perhaps billions of people in exchange for billions of dollars in profits, would that constitute a violation under Sarbanes-Oxley and, if so, what might be the appropriate punishment?
What does it take for SEC to get involved? Maybe draw them a picture? Or is Sarbanes Oxley a complete sham?
LOL. SEC involved? Nope.
All gov agencies are going to look the other way. ALL OF THEM.
It's going to be like Hillary Clinton and her server. "She didn't have any bad intentions."
Pfizer, Moderna, J and J etc did not have "bad intentions" so they'll be cleared. Perhaps after long show hearings. But they will be killed and they will have gotten away with murder.
BTW, I loved those books by Trevanian. Do you drive a Volvo?
I loved the books too, hence the nic.
No, not upscale enough to drive a Volvo. A Toyota gal.
I loved that he would kick the car every time he got close to it....
What an astute statement...