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Re: [OM] Why Olympus WILL Survive

Subject: Re: [OM] Why Olympus WILL Survive
From: Ken Norton <ken@xxxxxxxxxxx>
Date: Wed, 23 Nov 2011 11:10:18 -0600
> What surprised me is their stock doesn't get suspended at least until the
> investigation has some basic conclusions.

Trading did halt on it a couple of times, but those were
semi-automatic speed-humps that kicked in.

The biggest fallout over this won't directly affect just Olympus, but
will affect every corporation in Japan. Just as Enron gave us
Sarbanes-Oxley, Olympus will bring about some accounting laws which
will end up being another massive jobs bill. The company I worked for
had almost 10% of its entire workforce dedicated to Sarbanes-Oxley
compliance.

AG
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