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Evidence receipt / belief

Published · transcript-backed

Ben Gilbert: belief

29 Nov 2022 Acquired Enron

“I think there's this pretty interesting thing around the results of Sarbanes-Oxley being stay private longer, that it's much more likely that fraud now happens in the private market than the public market, and that is basically what we saw with Theranos, with FTX.”

— Ben Gilbert

Source trail

Everything needed to verify it.

Speaker
Ben Gilbert
Attribution
Verified speaker
Claim type
belief
Recorded
29 Nov 2022
Publisher
Acquired
Episode
Enron

Transcript context

…Including you have to disclose all your off balance sheet entities. There's a very interesting question, I think, around Sarbanes-Oxley. It's like, did it work? We just went through another bull run. The question after Sarbanes-Oxley came out is really around, we won't know if this works or not until the next market craziness. I think there's this pretty interesting thing around the results of Sarbanes-Oxley being stay private longer, that it's much more likely that fraud now happens in the private market than the public market, and that is basically what we saw with Theranos, with FTX. So much in crypto. Super, super interesting. Did you see this in the research? I found this from googling. One of the provisions of Sarbanes-Oxley was actually used in prosecuting the capital writers for the January 6 riots.…

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