Ira Stoll on the Compliance Boom


Credit: Free Press Pics / / CC BY-NC-SA

While most businesses in America are not exactly booming these days, there is one notable exception. As Ira Stoll reports, the business that is booming is the business of making sure that American companies obey — or comply with — the ever-increasing number of laws and regulations that are being heaped upon them. This is the fault not only of the Obama administration but of the Bush administration before it, which did its part with, among other things, the post-Enron Sarbanes-Oxley Act.