Blast from the past…
By JohnO
It’s no secret that on Tuesday, 7/30/02, President G.W. signed the corporate accountability and fraud legislation bill into law. This is probably a little late, in terms of the recent scandals and rip-offs, but at least, it now holds corporate CEO’s and their lackeys accountable for proper business practices to be used in their respective companies. One can only hope that these laws will retroactively apply to the current investigations of Enron, WorldCom, and Qwest, etc.