Greenberg Calls Disclosure Law Costly Foolishness
By Michael Ha
NU Online News Service, May 20, 3:59 p.m. EDT? The American International Group's Chairman and Chief Executive Maurice Greenberg, speaking at the company's annual shareholder meeting in New York yesterday, spoke out forcefully against regulatory requirements of the Sarbanes-Oxley Act, complaining that the measure is unnecessarily expensive and time-consuming.[@@]
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