April 2002

Trends and Resources

HP Impact: Corp. accountability plan ‘misses mark,’ says analyst

In the wake of the Enron scandal, President Bush has announced a plan he said would improve corporate disclosure, add to the oversight of accountants and create new penalties for execu..

Weirauch, Wendy, Hydrocarbon Processing Staff

In the wake of the Enron scandal, President Bush has announced a plan he said would improve corporate disclosure, add to the oversight of accountants and create new penalties for executive malfeasance. L. Jacobo Rodríguez, financial services analyst at the Cato Institute, a Washington D.C.-based foundation, shared his comments on the issue: "In announcing his plan for stricter accounting standards and improving corporate responsibility, President Bush has his heart, but not his policies, in the right place. After Enron, investor confidence in the financial integrity of America's companies has been shaken. However

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