[Congressional Record Volume 148, Number 103 (Thursday, July 25, 2002)]
[House]
[Page H5460]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                   PASS CORPORATE ACCOUNTABILITY ACT

  (Mr. PENCE asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. PENCE. Mr. Speaker, as the markets struggle under the weight of 
billowing examples of corporate greed and fraud over the past several 
months, yesterday there were finally signs of hope.
  President Bush and law enforcement officials have acted decisively 
against corporate crooks. It seems as though the markets are 
responding. A single day rally almost set an all-time record in the Dow 
Jones industrial average yesterday. Investors are coming back, 
confidence is rising.
  Mr. Speaker, now it is our turn to in this body set aside partisan 
politics and bickering and pass the bipartisan corporate accountability 
legislation that will bring to this floor tough new standards, tough 
new criminal measures against corporate crooks. Righteousness exalts a 
Nation. Let us bring new standards with old values in this new 
corporate accountability act, and further strengthen the confidence of 
the American people in the American economy and in the American dream.

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