Corporate Reform and the Return to a Gilded Age

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With voters still outraged about business leaders accused of looting their companies and destroying the retirement plans of millions of small investors, Congress adjourned without enacting many reforms and without funding some of those it did approve. Even Fortune magazine has criticized Congress and the Bush administration for failing to deliver enough reform to restore the confidence of investors. A massive shift in wealth affords a select few the power to get whatever they want, creating a gap between rich and poor as great as that of the 1920-s and threatening the very existence of the middle class. We recall Congress- promise to clean up American business and consider the prospects for corporate reform with economists, a former member of the President-s Council of Economic Advisors, an advocate of corporate social responsibility and an editor of Barron's, a national economic weekly.
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UN Security Council

Corporate and Auditing Accountability, Responsibility, and Transparency Act of 2002



Warren Olney