Critics fear U.S. regulations will deter risk-taking and hurt economy
Article Abstract:
Industry analysts have criticized the Sarbanes Oxley Act, claiming it will undermine creativity among management executives. The new anti-corruption legislation may discourage executives from taking risks in business ventures and create an adverse effect on the economy.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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YBM officers pocketed millions, U.S. says
Article Abstract:
A U.S. probe of defunct YBM Magnex International Inc. has found that Semion Mogilevich and other former YBM officers took over $25 million from the sale of YBM shares. U.S. federal prosecutors have alledged that Mr. Mogilevich earned $18.4 million from YBM stock.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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Landmark YBM case ends with a whimper
Article Abstract:
Five former directors of YBM Magnex International Inc. were given penalties by the Ontario Securities Commssion in a landmark case against the firm. However, three other directors were not penalized in the case of the company's alleged organized crime links.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2003
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