Re:Lambda School fined $75k by CA for operating without stat...
by rgbrenner on Tuesday July 30, 2019 @12:27AM
(#20562139)
But that has nothing to do with SOX. If Enron didn't commit fraud, they could have continued being a drag on the CA economy for years longer.
The CA blackouts predates the Enron fraud and accounting scandal by at least 6 months. At no time during the blackouts was anyone aware of Enrons fraud.
SOX was regulation to prevent that fraud. Notice, it does and says absolutely nothing about the energy market. That's because SOX was not designed to address the cause of the CA blackouts.
The CA blackouts predates the Enron fraud and accounting scandal by at least 6 months. At no time during the blackouts was anyone aware of Enrons fraud.
SOX was regulation to prevent that fraud. Notice, it does and says absolutely nothing about the energy market. That's because SOX was not designed to address the cause of the CA blackouts.