"It's the way of the world. When things are going well in the stock market, rules and prudence get tossed out the window. Rising stock prices are cited as proof the system's
working and everything's fine. When the inevitable crash arrives the search for villains begins and reform takes root. Then the cycle repeats. Let's see if the people enforce the
spirit of S-OX during the next big upturn, when today's pain is only history."
Newsweek's Wall Street editor Allan Sloan, on the first anniversary of the Sarbanes-Oxley Corporate Reform Act, which has had a significant impact on corporate communications
executives.