BizzyBlog Referred to in Wikipedia (Though Not Accurately)
The Wiki entry on Sarbox is here. Search within it in the “Costs of Implementation” section for the word “disputed”; the footnote [2] refers to this previous BizzyBlog entry.
The problem is that my post that Wiki refers to doesn’t really discuss what is claimed: “The amount of business displaced from Wall Street to the City of London remains disputed ….”
My entry only notes that a great deal of business is being displaced; one person quoted says that only 8% of new IPOs are listed in the US. No other figure is quoted. So although I’m sure that there amounts and percentages in dispute relating to how many and what percentage of new IPOs are being done overseas because of SarBox, there is no actual dispute going on within my entry.
I guess this is an example of “caveat user” relative to Wikipedia.
The original entry was annotated so that Wiki readers coming over will get a heads-up.
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UPDATE: A clarification — The business being displaced is to London AND Hong Kong.
Tom, really (and I mean this) thanks for clearing this up. I was going to be absolutely LOST when i finally made it to that wiki entry. Appreciate it much!
Comment by Eric — January 10, 2007 @ 4:29 pm
#1, thanks, those entries get really out of control in length and focus sometimes.
Comment by TBlumer — January 10, 2007 @ 5:50 pm