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Bush Attacks Corporate Irresponsibility And Seeks Reform
President Bush denounces a corporate accounting scandal as a crisis of confidence and pledges renewed enforcement to protect investors and workers. He cites WorldCom and Xerox misstatements, backs stronger SEC powers, and a 10 point plan to root out phony profits while pursing criminal penalties for false statements.
MENTIONED IN THIS ARTICLE
Washington
Bush
America
House
Senate
Tom Daschle
D-S.d
Halliburton
Dick Cheney
Sen
Paul Sarbanes
Senate Banking Committee
Democrats
Sarbanes
D-Md
White House
Ari Fleischer
Securities and Exchange Commission
Washington Post
Camp David
U.S
WorldCom
Xerox
SEC