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  • U.S. Business Counters Some Reforms

    02/20/2005 11:13:56 AM PST · by anymouse · 2 replies · 247+ views
    Reuters ^ | February 20, 2005 | Kevin Drawbaugh
    Sensing public outrage over business corruption in America is waning, some in the corporate community are seizing on the shift in mood to try to roll back reforms, say top U.S. officials and academics. "There's clearly a rearguard action going on," said Maryland Democratic Sen. Paul Sarbanes in an interview three years after the Enron debacle that led to his co-authoring of landmark corporate governance and accounting reforms in 2002. Business scandals are now daily fare for Americans, from the prison sentencing on Friday of a former top Boeing Co. executive to revelations of abusive trading in the mutual fund...