Political Quotes

Jack Kingston: when I was selling football programs at the University of Georgia back when I was in junior high, I was robbed once. Two…

On the recordJuly 11, 2002
when I was selling football programs at the University of Georgia back when I was in junior high, I was robbed once. Two older kids beat me up and took about $100. I felt humiliated and violated. Victims of crime, and I have talked to many victims of crime, it is a very personal thing. But yet when somebody steals a worker's pension plan, their retirement money, or cooks the books and devalues the stock, there is no difference. In fact, I would say the criminals who come out of the closet and beat their victims up and take their money are, if anything, more noble than corporate CEOs who do this behind the books of accounting procedures and fancy talk, and certainly do not follow the general accounting principles. That is why this House on April 24 passed corporate accountability. There is no difference between ethics and business ethics. Businesses have to operate with honesty and integrity. We need that in society. Too many widows and orphans are counting on their stock to be the value they claim it is worth. That is why people buy it in their retirement account. I am glad that the Senate is moving on this legislation. We passed it out of the House 3 months ago, but let us get it to the conference committee so we can address corporate accountability. America needs it. Business integrity is important for the prosperity of our country.
Said by
Jack Kingston
Georgia

Editor's note · Context

Discussing the importance of corporate accountability and business ethics.

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