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Published on Monday, February 25, 2002
 
Ari the Evader by Russell Mokhiber...
 
Ari & I
White House Press Briefing with Ari Fleischer
 
 
Monday, February 25, 2002
 
 
by Russell Mokhiber
 
     
  Mokhiber: The Wall Street Journal reports this morning that Secretary O'Neill is heading a task force on corporate reform, and that they are exploring ways to make it easier for the government to punish corporate officers and directors accused of misleading shareholders. Question -- is the President going to take a position on corporate reform?

Ari Fleischer: The President created that task force. The answer is yes.

Mokhiber: When will that be?

Fleischer: They are working right now on what to do on a range of options on what to do on the corporate governance side. As you know, the collapse of Enron created a series of issues about how to protect people's pensions, what pension reforms should be required, as well as what areas of corporate governance, particularly involving accounting, honesty in statements, transparency, any kind of wrongdoing -- it all needs to be explored. The pension side came to a conclusion, and the President submitted a proposal to the Congress and he continues to urge the Congress to pass [it] to take care and protect people's pensions. On the corporate governance side, the task force is still meeting. I cannot give you a specific date on when they will have the recommendations. The President is looking forward to receiving them. He thinks that is something that can and should be done by the Congress this year.

Mokhiber: If I could follow-up -- (Ari moves on).

###

 
 

-Thanks to Russell Mokhiber

White House reporter Russell Mokhiber is the editor of the Washington, D.C.-based Corporate Crime Reporter - www.corporatecrimereporter.com. He co-authors the weekly Focus on the Corporation column with Robert Weissman which Common Dreams publishes. He can be reached at: russell@nationalpress.com

 

 
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