VentureBeat - Latest Comments in Valley veteran Jim Clark resigns, saying regulations have “gone too far”

Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

tips — Tue, 30 Oct 2007 13:33:12 -0000

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Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

Blog Comment Poster — Thu, 30 Aug 2007 13:57:25 -0000

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Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

Drake McHugh — Mon, 15 Jan 2007 01:58:01 -0000

Go Dark! Go Private!

Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

vv — Fri, 12 Jan 2007 14:19:38 -0000

why don't enterpreneurs like Jim who created the bubble in the first place suggest a balance between no regulation and SO. SO might well be an over-reaction, but to throw a tantrum (given the extent of capital loss they caused) seems irresponsible.

Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

BlogReader — Thu, 11 Jan 2007 14:17:00 -0000

Yeah right he quit because he can't be the head of some internal committee. Could it be that a website that just prints pictures and mails them to people isn't that interesting? He's cashing out and moving on to something more exciting -- this "oh the SOX is teh evil" is just a smokescreen, probably because it makes shady inside trading harder to do.
As for the Atlas Shrugged reference: you're actually equating nationalizating a steel company with asking that a public photo printing site be more open with its books?

Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

krish — Thu, 11 Jan 2007 13:34:32 -0000

Over regulation can only impede economic creativity. Offenders will still be around no matter how severe a punishment law provides. The old dictum of "Caveat Emptor" ( buyers beware) still holds true and is the only reliable safeguard.

Sox Act at best enriches and nourishes Accountants and corporate lawyers - the parasite that thrives in the cesspool of economic malaise.

Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

James Naughton — Thu, 11 Jan 2007 04:22:25 -0000

I think there is lots more of this to come.

Sarbanes Oxley is more a curse. Contrary to what regulators and accountancy firms might say it is NOT a panacea or is not the silver bullet of corporate governance.

I hope the SEC and PCAOB take a serious look at this now ridiculous situation as it will never prevent another Enron.

Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

Blake — Wed, 10 Jan 2007 21:47:04 -0000

This is straight out of Ayn Rand's *Atlas Shrugged*, in which the businessmen who hold up the economy go on strike.

Re: Valley veteran Jim Clark resigns, saying regulations have “gone too far”

Harshal Vaidya — Wed, 10 Jan 2007 16:22:23 -0000

Its time such companies move to India. All such regulatory headaches aren't present out there.