. . . the secret as to why so many companies opt out of going public in the US, instead listing on the LSE and others in Europe. Hint: it has very little to do with Sarbanes-Oxley. (Click here and listen to the interview: "Pope of Cantor Sees Opportunities in European Stock.")

The bottom line: Wall Street investment banks are anti-competitive and charge too much. It isn't government regulations that causing the drop-off in US listings. It's greed. Figures.

So, the next time you hear some CNBC pundit crying "Sarb-Ox! It's all Sarb-Ox's fault" in his champagne you'll know what to yell at the TV.