I thank, along with all my colleagues, Senator Sarbanes for the extraordinary work he has done on this bill. We are proud of him. America appreciates very much what he and others who have worked with him have done. I also thank Senator Enzi, who is in the Chamber, and Senator Corzine, who is presiding, for the work they have done with me on what I think is an important part of this legislation which, in addition to corporate CEOs and accountants, is holding the lawyers involved in these transactions responsible and accountable; that if they see something wrong occurring, they should do something about it--report it to their client, to the corporation, report it to the CEO, the chief legal officer and, if necessary, report it to the board. In Congress, we are doing what needs to be done and stepping to the plate with regard to corporate responsibility. That is in striking contrast to what is going on in my home State right now. At a time when Americans are demanding more corporate responsibility, when Congress is stepping up and doing what needs to be done, the President has gone to North Carolina today to ask for less corporate responsibility, to make it easier on insurance companies and to make it harder on victims.
Editor's note · Context
Discussing corporate responsibility legislation and contrasting it with the President's actions in North Carolina.
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