Saturday, April 23, 2016

SOX in Saul (with sincere apologies to Dr. Suess)

SOX's impact on executives has been referenced in USA's Suits, as discussed in a prior post relating to executive-compensation references in a certain Suits episode. And, as discussed in a prior post regarding Better Call Saul and then a subsequent Saul post, BCS, after having hit various employment and executive-compensation issues in consecutive episodes, now also adds a SOX reference of its own. In trying to woo a key client, Charles (Chuck) McGill (played by the appropriately revered Michael McKeon) pontificates as follows:

"Any bank such as Mesa Verde looking to open a de novo branch is definitely going to need to show a healthy portfolio of [Community Reinvestment Act] compliance. Duh. Obviously. You guys have all that covered, I'm sure. . . . And then there's the SEC's interpretation of Section 302 of SarbOx. Blah blah blah."

OK, I know that that's three Saul references by me in a very short period of time - but after having watched the finale of Season 2 I just cannot believe how great this show is. So I was emboldened. So there.

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