Saturday, July 10, 2004

Crunch Time

The heralded collision between business-as-usual and corporate transparency regulation has commenced. USA corporate management is devoting every effort to kill the regulations, rather than work towards compliance. Each side has stiffened resolve while testing the waters. There will be a battle and it will get ugly. Corporate management is not going to look pretty when the fight is over, win or lose. I now believe this stewpot will make its way to England with a two year lag - max. There's money to be made during this transition and we are busy testing out some schemes.