November 02, 2005

Full Disclosure?

Since Sarbanes-Oxley has been in effect, it has become almost tiresome to hear about the potential conflicts commentators and their firms may have with the companies about which they are commenting. That's all fine and good. But what about the rest of the punditocracy? Take the case of Jay Sekulow, an omniprensent voice regarding all things SCOTUS. Given yesterday's damning exposé in Legal Times regarding the complicated web of sources and uses of income in two putative non-profits run by him, will the networks start running disclaimners before he speaks? I doubt it.

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