Chapter 1576: This is not going to be mixed up

With a few thin fax papers, Buffett was tossing upside down. In his opinion, this thing shouldn't be a bill. Um, well, of course it is correct to say that the bill, but if you directly raise the standard to this level.
"Charlie, what do you think of this so-called investor protection act?"
Charlie Munger smiled bitterly. What do you think about this thing? The U.S. stock market could have been severely punished. Although the Enron incident is sensational, you can never say that this is a common phenomenon.
"At the very least, the 100,000 unemployed population of Arthur Andersen will be very popular. No matter what, the employment figures for the next year should look better.
However, it is a disaster for companies with low gross profit margins to increase financial expenses by at least millions of dollars a year. "
The two old guys talked very lively, but they were very dissatisfied with the hurried bill. But the two old guys knew very well that the stuff that the Senate and the House of Representatives jointly introduced could not be rebutted.
Can't this one?
Okay, it's changed, how about it?
Or not.
Bastard, you are planning to make a fake, if it's not for a guilty conscience, what are you worried about?
The Sarbanes-Oxley Act is also known as the Public Company Accounting Reform and Investor Protection Act. Sarbanes and Oxley, the donkey and the elephant one side, do not know how to toss them out, in just a few months, a lot of 404 regulations have been produced.
"I want to privatize and delist, Philson, we have too many listed companies. If possible, try to reduce them as much as possible?
It’s ridiculous, or we went to London to go public, now it’s time to urgently need capital, and the New York Stock Exchange can’t offer high premiums.
Hmph, then, you try to see if Cisco and ICQ can be privatized and delisted, if you can..."
Philson wanted to vomit blood directly, please, this is not to say whether the New York Stock Exchange is good or not, as long as you are a publicly listed company, even if it is not listed on the New York Stock Exchange.
Uh, it seems, it seems, or, try it anyway.
"Boss, didn't you really plan to do that, did you?"
"Clever, stuff, if I don't give subsidies, of course I plan to leave. A large company starts at $5 million per year. With so many companies under my control, it's okay to start a finance company by myself.
Ten years imprisonment, fuck, is it not good to shoot directly? Or don’t cap it, up to life imprisonment. "
Philson understood that the boss was not against severe punishments. What he opposes is that you increase his operating costs for no reason.
Of course, direct opposition will not work. The bill jointly introduced by the donkey and elephant will not give you the opportunity to oppose it. Peanut has no shortage of smart people. They know very well that if investors cannot be assured, the U.S. stock market will find it difficult to get rid of the current situation.
Yes, the stock price rise is indeed in the interests of William White, but, in this current situation, if the repurchase and cancellation can be publicly cancelled, my God, this is the rhythm of making money!
Well, this is too much. When this news is announced, I don't know how many people will vomit blood.
The 404 clause came out without fraud?
Are you kidding me, the world is full of deceit at all times. If a capitalist can exercise integrity, then it is really weird. But you, the Investor Protection Act of 2002, directly change your name to the Employment Promotion Act for Accountants.
"What is William White doing? Didn't he comment on this thing?"
Buffett feels strange, and of course it is not for no reason. How could you possibly pass such a weird bill once? Even if the donkey and elephant cooperate, you can't get it done without three or five times.
"No, I've noticed it. It's been a long time since this guy is not doing business.
Of course, if shooting movies and FIFA is considered serious, he is still very busy. In my opinion, this should be another compromise. "
Um, Buffett is a bit disapproving of Charlie Munger's words. Good friends are smart, but the amount of information determines their horizons. He knows very well what little Busch went to talk to William White.
So, one thing can be compromised and exchanged, but what about two things?
Damn, where do you put William White?
If it's for your own family, it's easy to say, it's okay to cast all five bodies when it's critical. But you do it for a job, it's too unnecessary.
Therefore, from any angle, this Rauch Investor Protection Act will not be supported by William White.
"This guy has so many companies, he should be very angry now, hehehe, according to what I know about him, something will definitely come out."
Buffett laughed very sinisterly. Preventing false accounts to protect investors. This kind of thing is now called political correctness. If you really oppose it, verbal criticism is inevitable.
Fuck, if you are so hard against it, is there something wrong with your company?
If not, what are you afraid of.
"Ahem, old man, I think we already know." Charlie Munger shook the 6288 mobile phone in his hand. Although this thing is backward, it can still be done to send and receive some emails.
"Uh, you are really advancing with the times, the old man's eyes are not very good, his eyes hurt after seeing this thing for a long time."
Fuck we are almost two years old, okay, is it interesting for you to rely on the old and sell the old so much?
Or Buffett has realized something is wrong. In order to avoid embarrassment, the old guy must pretend to be very interested.
"Old man, don't sell it, what the is the news?"
"Dissatisfied with the current share price, William White initiated the privatization and delisting of Cisco and ICQ. There is also news that the two companies will increase their costs by at least $12 million a year, and either tax cuts or subsidies are required, otherwise there is no need to become public companies .
By the way, they expressed their willingness to accept the Sarbanes-Oxley Act, saying that with such a bill, his confidence in the New York Stock Exchange has risen to a very exaggerated level. "
Puff, Buffett spouted out a mouthful of mineral water. Obviously, he seemed to underestimate William White's shamelessness once again.
"Oh my God, how can a person be shameless to such an extent."
Charlie Munger smiled bitterly, what can he say, make money, for anyone, of course, the more money, the better.
It's self-evident how annoying you Sarbanes-Oxley is. The gross profit of Cisco and ICQ is so high that it is too high to bear, and your cars and steel plants are estimated to have no profit directly.
Although it was a hasty act, since those steel plants didn't jump out to scold their mothers, then there must be a deal in this matter. Either increase import tariffs or give some subsidies. If you haven't gone through this procedure, this bill is probably gone.
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