You are here: Fairness.com > Resources > No Safety at the Top For Corporate ...

No Safety at the Top For Corporate Leaders

Date: July 9, 2004
Authors: Carrie Johnson and Ben White
QUOTE: 'In corporate America, you only need a few spectacular examples to scare the hell out of them,' said former D.C. prosecutor E. Lawrence Barcella Jr. 'If I were a corporate executive now, I'd have notice that everything is on the table.'

ABSTRACT: A recent surge in the number of prosecutions targeting high-profile corporate executives that looted companies profits, practiced unfair insider trading ethics and lost millions of dollars for middle-class families in the "dot-com bust" of the late 1990s and early 2000s signals a new era in corporate financing ethics and laws that should prove beneficial to mid-income workers who depend on workplace investments and for other investors who will have better access to information.

--- Nathan Hurst

Article MetaInformation:

Key People:
Key Organizations:
Subject & Geographic Categories:

Comments:

none
*User comments are posted without Fairness.com LLC's prior review or approval, and Fairness.com LLC takes no responsibility for them; please see our Conditions of Service Agreement.