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<title>NewsCloud.com Capital News</title>
<description><![CDATA[Top stories and videos from NewsCloud Capital]]></description>
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<title>Can New York bounce back?</title>
<link>http://www.newscloud.com/read/Can_New_York_bounce_back</link>
<description><![CDATA[A 134-page McKinsey report released by New York Mayor Michael Bloomberg and US Senator Charles Schumer recommends more reforms to Sarbanes-Oxley. But fixing Sarbanes-Oxley won


t stop New York losing business because there are many other forces at work.]]></description>
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<title>Rewriting SOX</title>
<link>http://www.newscloud.com/read/Rewriting_SOX</link>
<description><![CDATA[The move to rewrite Sarbanes-Oxley keeps gaining momentum with the release of the Hank Paulson-backed Interim Report of the Committee for Capital Markets Regulation. Recommendations include replacing shareholder class actions with arbitration and reducing the scope for criminal enforcement against companies.]]></description>
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<title>Pelosi, venture capital and Sarbanes-Oxley</title>
<link>http://www.newscloud.com/read/Pelosi_venture_capital_and_SarbanesOxley</link>
<description><![CDATA[Silicon Valley venture capitalists will finally see Sarbanes-Oxley being wound back. They have been pushing politicians and regulators hard to water down the legislation. And the new House majority leader Nancy Pelosi is well-placed because she actually received more campaign money this year from venture capital outfit Kleiner Perkins Caufield &amp; Byers than she got from the traditional Democrat soul-mates in the US union movement]]></description>
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<title>SOX appeal</title>
<link>http://www.newscloud.com/read/SOX_appeal</link>
<description><![CDATA[Is SOX good for business? Critics say its costly, over-taxing and a complete waste of time. The first two claims about Sarbanes-Oxley from smaller companies are not completely without foundation. A new study from MIT Sloan School of Management has found that firms with sound internal controls have a lower cost of capital. In other words, SOX might be good for business]]></description>
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