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Technology Stocks : All About Sun Microsystems

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To: Carmine Cammarosano who started this subject6/28/2002 1:14:03 PM
From: Just_Observing  Read Replies (2) of 64865
 
Angered Bush to Give Speech on Corporate Reforms

June 28, 2002 10:09 AM ET

By Steve Holland

WASHINGTON (Reuters) - President Bush, angered at relentless scandals in U.S. boardrooms, will use his Saturday radio address and a July 9 speech in New York to urge Congress to approve his plan for corporate responsibility, a senior administration official said on Friday.

Bush has already proposed plans that if enacted, would ban corporate executives from profiting from erroneous financial statements. That was in response to the implosion last year of the Texas-based Enron Corp., one in what has become a string of recent corporate scandals.


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How about making sure that politicians who get money from these corrupt executives being forced to return the money to shareholders? That would be true reform. It'll never happen.

reuters.com
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