ALSO NOTED: Apple's other Sarbox problem; Does FASB still make sense?

> Recall that Mayor Bloomberg commissioned McKinsey to study the U.S. financial markets. No surprise: it found that Sarbox was one reason New York City could lose its spot as the world's financial center. Article

> Sarbanes-Oxley has focused attention on accounting process in the U.S. like never before. Now, some are asking some really big questions, like whether the Financial Accounting Standards Board (FASB) still makes sense. Article

> With all the options controversy, Apple had enough Sarbox-like issues. Now here's another one.

> More fund managers, especially small-cap managers, are getting their Sarbanes-Oxley strategies worked up. Article

> Activist seeks to force a top U.S. investment bank to disclose the impacts of Sarbox. Article

> Here's more on the need to keep the U.S. financial markets tops in the world. Article

> Hot job alert: Head of IT finance. Not surprisingly it requires both IT and financial expertise. Article

> Sarbanes-Oxley has had an effect on Canadian firms as well. Article

> LSE still fending off the Nasdaq. Article

And Finally... Cultural revolution in China's financial system. Article