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Strategies & Market Trends : Zeev's Turnips - No Politics

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To: Steve Lee who started this subject	7/7/2002 2:42:06 PM
From: sylvester80	Read Replies (2) of 99280

O’Neill urged Bush to make greedy CEOs pay for their crimes. “A kid caught with half a pound of marijuana gets more jail time than a corporate executive,” he said. “That’s not square.” Bush emphatically agreed. msnbc.com ON A RECENT Friday George W. Bush sat down with O’Neill and a handful of senior economic advisers to work on the details of the president’s upcoming speech laying down the law to corporate America. Angered by news of yet another major accounting scandal, this time at long-distance-telephone giant WorldCom, O’Neill urged Bush to make greedy CEOs pay for their crimes. “A kid caught with half a pound of marijuana gets more jail time than a corporate executive,” he said. “That’s not square.” Bush emphatically agreed. “You’re absolutely right,” he said. O’Neill went on to detail how WorldCom executives played with the numbers, hiding nearly $4 billion in losses. “Can you imagine that?” he asked. The president frowned. The two men sat, shaking their heads.

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