Corporate Responsibility Concerns at the White House

On July 22, 2003 the white house celebrated its one-year corporate task force anniversary.  It was  created by executive order #13271 and is helping to restore confidence in the marketplace; provide fair and accurate information to the investing public; reward shareholders and employee trust; and protect jobs and savings of hard-working Americans.

 

With unity of effort coordination by various agencies, federal prosecutors, as of May 31, 2003 obtained over 250 corporate fraud convictions or guilty pleas, including over 25 former chief executives; and obtained restitution, fines, and forfeitures in excess of $85 million.

 

 Read More:  http://www.white house.gov/news/releases/2003/07/20030722.html