A couple of days ago, I ranted about the Albuquerque Journal editorial reassuring us that free enterprise will survive the bad deeds of a few corporate CEOs. The recent scandals, I said, are systemic, not about personal morality.
The Justice Department’s Corporate Fraud Task Force, yesterday’s Journal reported, has prosecuted more than 700 people and won guilty pleas or convictions from 300 of them in its two years of existence. Plus, 300 more investigations are afoot.
Personal morality? If so crookedness sure is widespread, though the Journal editorial writer told us the contrary.
Posted by Arthur Alpert at July 17, 2004 01:16 PM