On the recordJuly 19, 2011
It is not very useful to investors to have the reams of data about Sarbanes-Oxley for a firm that has no revenue yet.
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congress.govIt is not very useful to investors to have the reams of data about Sarbanes-Oxley for a firm that has no revenue yet.
Toomey argues that Sarbanes-Oxley data is irrelevant for pre-revenue biotech firms.
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But that does not mean that Congress should be throwing even more billions of Federal taxpayer dollars at them to build out more services for riders they do not have.
It's a budgetary gimmick that has the intent of making it possible to have a huge explosion in unrelated spending. This is not what this bill was about. We can fix it. We can do it immediately.
Among the most fundamental aspects of our republic, and a democratic system is to accept the outcome of elections.