Financial Emergency: The Crises that Began and Ended the Decade
The Honorable Michael G. Oxley delivered the third Matsui Lecture in April of 2011. The author of one of the most important financial regulation laws in American history -- the Sarbanes-Oxley Act -- spoke about the fiscal crashes that ended the dot-com bubble and that once again have plunged the economy into recession.
A former FBI Agent, Michael G. Oxley was elected to the House of Representatives from Ohio's fourth district in 1981. He eventually went on to serve as Chairman of the House Financial Services Committee from 2001 to 2006, and is best known for his co-authorship of the landmark Sarbanes-Oxley Act of 2002. Oxley led the panel through the aftermath of the tech bubble, the difficult post-9/11 period, and the rash of corporate scandals early in the decade that destroyed investor confidence and sent the markets into a tailspin.