May 10, 2007

CQ Radio: Professor Bainbridge

blog radio

Today on CQ Radio (2 pm CT), we'll be speaking with Dr. Steven Bainbridge -- author, blogger, and wine connoisseur extraordinaire -- about the release of his new book on Sarbanes-Oxley requirements, The Complete Guide To Sarbanes-Oxley. Having just escaped from corporate America, I have my own horror stories (well, more like annoyance stories) about SOX compliance and the burden it places on publicly-owned companies. I have not yet had a chance to read the book, but it sounds terrific, and we can pick the Professor's brain on how to make SOX compliance a less unpleasant affair -- if that's possible.

We'll start with a short visit from Kit Jarrell of Euphoric Reality and the BTR show The Front Line. Kit found an interesting item about the entry point for some of the Fort Dix Six, and we'll talk about that as well as what we can expect from Kit on her next show.

Be sure to join the conversation by calling 646-652-4889!

Also, tomorrow we will have Matt Margolis of GOP Bloggers to discuss his newly-released look at the new Democratic Congressional majority, titled Caucus of Corruption, which I have already begun to read. It's partisan, snarky, and a lot of fun.

On Tuesday, May 15th, CQ Radio will welcome Major John Heil, currently serving in Iraq in the 3rd MEDCOM as Public Affairs Officer. Major Heil joins us through a partnership with DVIDS, which assists in getting the front-line information out to Americans and people all over the world. We'll have plenty more guests coming your way through DVIDS, so keep an eye on our programming.


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Comments (4)

Posted by starfleet_dude [TypeKey Profile Page] | May 10, 2007 2:42 PM

Another revelation about the firing of those U.S. attorneys comes to light today on the heels of Gonzales going to Capitol Hill yet again to try and explain away the matter:

Administration Withheld E-Mails About Rove
The Bush administration has withheld a series of e-mails from Congress showing that senior White House and Justice Department officials worked together to conceal the role of Karl Rove in installing Timothy Griffin, a protégé of Rove's, as U.S. attorney for the Eastern District of Arkansas. ...
The senior official said that Gonzales, in preparing for testimony before Congress, has personally reviewed the withheld records and has a responsibility to make public any information he has about efforts by his former chief of staff, other department aides, and White House officials to conceal Rove's role.
"If [Gonzales] didn't know everything that was going on when it went down, that is one thing," this official said. "But he knows and understands chapter and verse. If there was an effort within Justice and the White House to mislead Congress, it is his duty to disclose that to Congress. As the country's chief law enforcement official, he has a higher duty to disclose than to protect himself or the administration."

Posted by Carol_Herman [TypeKey Profile Page] | May 10, 2007 3:44 PM

The skinny: It criminalizes the CEO. Instead of just raising civil suits, for telling "tall stories" with numbers; an innocent CEO signs on the dotted line, where he can go to jail.

Can't run companies that way at all.

And, so, you learn, again, WHY Congress critters are made up of people who'd never make it in business. But have the charms to take the pants off ya; when all they want to do is take your wallet. (And, when they do it, they're not called criminals.)

We're a long way from fixing what's broken, here.

But the worst detail? Multi-national companies aren't in the business of committing suicide. So they're not investing IN America. They're setting up headquarters elsewhere. And, in time? WE LOSE.

And, we even lose the jobs janitors get, when the headquarters are in slots like the Big Apple. Houston. And, LA.

The Congress critters have hurt the little guy.

And, most politicians, if they had the opportunity, would become despots.

Few learn how to lead.

ANd, only a nut job would now want to sign the company's financial papers. Since Congress threw bear traps into the woods.

Ain't gonna get fixed, yet.

But, yes, keep the faith up, here. People who turn hear to read stuff? Are well ahead of learning the things they need to know. Which in the past, traveled over the back yard fences. Howdy, neighbor.

Posted by Carol_Herman [TypeKey Profile Page] | May 10, 2007 4:33 PM

Oh, horsefeathers, on any one group being more corrupt than "the other."

Everyone landing in Congress; who wants to stay there. Has to learn that it takes lots of bucks to stay seated. Because you've got to run, again.

The GOP would be better served by books which show "catering to lunacy" is tantamount to political suicide.

What's not in favor? The way Bush is running the executive business. With James Baker, of Baker Botts, having plush offices in Riyadh. And, then sending an incompetent like Condi, out. To squat on the fires. Hasn't put one of them out, yet.

Maybe, there should be some reference points made? The way you'd do it in math. If you were setting about TRYING to measure what motivates people to vote?

The name-calling schtick just makes it easier for the donks to run around, ya. In circles.

Where, believe it or not, things aren't going well for the GOP kiesters in Congress. And, some of them are very afraid that down the line they're gonna get kicked out of office.

Calling them cleaner than the competition? Won't matter if you're unemployed in the store.

Whatever happened to trusting the people? You know. Not your devoted crew. But the MAINSTREAM. Since neither party is really in the majority. And, WHOM YOU RUN FOR OFFICE, always counts.

Handing the prizes to the Bush family? Wow. Was that dumb.

How did Bush get there, you might ask? James Baker was a "shaker and a DC maker" when Reagan got elected. ANd, believe it or not, was responsible for Reagan picking Bush as his veep.

James Baker has been riding the tiger ever since.

Well, he's there, just like putin. Doing bad things in the public arena can make you rich. And, it rarely gets you tossed. If you know what it sounds like when the alarm bells ring. And, call out "The Cops are Coming."

Ain't cops. Just lots of voters.

Posted by StargazerA5 | May 10, 2007 6:43 PM

If you think SOX compliance is bad, try 21 CFR Part 11 compliance. That will give you at least some idea of why drugs are so expensive.

One project I was on had people who manage a SOX-complaint system working with us on a validated system and they were feeling sorry for those of us who deal with Part 11 on a regular basis. When I asked one how Part 11 compared to SOX, they said there was no comparison and pretty much vowed he'd never work on a Part 11 project again.

To give you an idea of the onus drug companies work under, I've heard of one company's routine FDA audit where the auditor actually went into some of the telco closets in their facilities and compared their network diagrams (which they are required to maintain) with the actual wiring. Now, granted, that is an extreme, but it apparently happened.