New York Isn’t the World’s Undisputed Financial Capital

New York Isn’t the World’s Undisputed Financial Capital: “The Sarbanes-Oxley Act, which imposed stricter rules on corporate controls, ‘is just one problem of many,’ said Alan Yarrow, vice chairman of the German bank Dresdner Kleinwort, who is based in London. Others include the Patriot Act, the Department of Homeland Security and the perception that America does not welcome outsiders, he said.”