When Sarbanes-Oxley was passed, America had roughly 48 percent of the world capital market formation. We're down to about 39 percent. Mr. Chairman, I ask you, because you're a good friend and you're smart about this stuff, at what point will you say that there's a problem?
Tom Feeney: “When Sarbanes-Oxley was passed, America had roughly 48 percent of the world capital market formation. We're down to…”
Editor's note · Context
Discussing the impact of Sarbanes-Oxley on U.S. capital market share.
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