Re:Taking Tesla Private
by austenallred on Tuesday August 07, 2018 @04:55PM
(#17710710)
There are fewer public companies all the time https://www.bloomberg.com/view/articles/2018-04-09/where-hav...
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There's a financial crisis of one type or another every 7 years. Each time, more and more regulation is put in place to make sure it doesn't happen again. It's only a matter of time before congress hangs too many ornaments on that particular christmas tree and it falls over.
I remember when Sarbanes Oxley was passed in 2002. I was in college and one of my professors was advocating becoming a SAP engineer specializing in SOX compliance. The cost of compliance was estimated to be gigantic, which meant lots of highly paid (but boring) work for enterprise programmers.