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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

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