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Mallory Factor  Quotes
Enforcement efforts should focus on aggressive prosecution of bad actors under existing anti-fraud laws rather than imposing costly and largely ineffective procedural requirements on all public companies.

—Mallory Factor

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Focus
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Since the ballot box doesn’t give the liberals the results they want anymore, they have turned to the jury box to try and win the political debate. The pursuit of Tom DeLay is about politics,...

—Mallory Factor

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Liberals
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He’s reaching out to all of us. He may not be winning converts, but he’s making gains.

—Mallory Factor

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Republicans have become complacent. They gained their ascendancy by being better on the economic issues, but now they’re frozen by their desire to maintain the status quo.

—Mallory Factor

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Republicans
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Sarbanes-Oxley costs the American people money. It costs jobs. It costs our competitiveness. It hurts our markets.

—Mallory Factor

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Jobs
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Our board is not compensated and not staffed. We’ve never taken $1 in expenses. We look at this as public service.

—Mallory Factor

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I could never distrust him.

—Mallory Factor

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Distrust
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After completing our own due diligence, we voted both offers down unanimously, … fair.

—Mallory Factor

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Diligence
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The board is insulated in a wide range from any control from presidential oversight, from Congress.

—Mallory Factor

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Congress
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New York is not going to be a foreign place to me. They didn’t revoke my visa.

—Mallory Factor

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ForeignVisaYork
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The purchase price represents a nearly 50 percent premium above the company’s stock price from the beginning of this year and, more importantly, a more than threefold increase above the stock’s $25 per share initial...

—Mallory Factor

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Beginning
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The fundamental goal of Republicans and Democrats is to get themselves re-elected.

—Mallory Factor

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DemocratsGoalThemselves
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The PCAOB is an unaccountable, unconstitutional regulatory body. It’s the poster child for the dangers of a runaway bureaucracy.

—Mallory Factor

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Body
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The critical goals of solid internal controls and transparent financial reporting are better achieved by a free and unfettered capital market rather than by burdensome regulation. Enforcement efforts should focus on aggressive prosecution of bad...

—Mallory Factor

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Goals
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With a recent University of Rochester study concluding that the total effect of Sarbanes-Oxley has reduced the stock value of American companies by a staggering $1.4 trillion dollars, it is now clear that the costly...

—Mallory Factor

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By pushing grand juries to issue politically motivated indictments of prominent Republicans, Ronnie Earle is trying to make it a crime to be conservative, to support an agenda of lower taxes and less government. That’s...

—Mallory Factor

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Republicans
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We hope to drive a wedge into the gross abuse of bureaucracy.

—Mallory Factor

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Abuse
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It is now clear that the costly regulatory burdens imposed by this legislation absolutely outweigh its benefits. The PCAOB and the Sarbanes-Oxley Act raise unconstitutional barriers to needed liquidity, discourage entrepreneurship and innovation, and hinder...

—Mallory Factor

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Legislation
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The PCAOB and the Sarbanes-Oxley Act raise unconstitutional barriers to needed liquidity, discourage entrepreneurship and innovation, and hinder U.S. competitiveness by denying access to needed capital. The high cost of compliance that disproportionately affects smaller...

—Mallory Factor

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