According to media mogul Barry Diller, the high cost of compliance with some of the more onerous provisions of Sarbanes-Oxley (SOX) is having a significant negative impact on U.S. businesses. While Diller agrees that senior executives should be held accountable for the reliability of their companies' financial statements, he took particular exception with Section 404, which he called "ridiculous" and "incredibly wasteful." In short, says Diller, "Congress has a duty to revisit Sarbanes-Oxley, to see what was smart about it and what wasn't, and conform it to sensible and current practice,"