Bush says worst of corporate fraud may be behind us
The Bush administration touts more than 250 white collar crime convictions and over 85 million dollars in fines and restitution since the corporate crime task force began. SEC chief Donaldson and Deputy AG Thompson cite swift investigations and deterrence, while Lay and Skilling face civil actions and Enron's scandal backdrop shapes Sarbanes Oxley reform.
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State legislators face dreary era amid tough economy
In San Francisco a National Conference of State Legislatures briefing highlights bleak finances and strained voter expectations. Legislators describe dour budgets, rising campaign costs, and civil discord as they balance education health care and law enforcement with shrinking resources.
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