[Congressional Record Volume 148, Number 97 (Wednesday, July 17, 2002)]
[House]
[Page H4770]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                        CORPORATE ACCOUNTABILITY

  (Ms. SANCHEZ asked and was given permission to address the House for 
1 minute and to revise and extend her remarks.)
  Ms. SANCHEZ. Mr. Speaker, today I rise to speak about corporate 
accountability, and the simple idea that for every action, there is a 
consequence.
  Recent scandals are part of a bigger problem. Some CEOs and other 
corporate leaders are acting irresponsibly, hurting investors, 
jeopardizing my communities and all of America's pensions and 
retirement security.
  These business people need to be held accountable. This 
administration sent the wrong message, signing into law an 
irresponsible tax package that gave millions of dollars to the largest 
corporations.
  Democrats support legislation that would require honest accounting, 
independent investment advice, sensible regulation, and criminal 
penalties for those guilty of corporate wrongdoing.
  We need to put our priorities in order: education, Social Security, 
the environment, prescription drugs. These things should come before 
corporate giveaways.




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