Thomas Foley: “last week I asked this body to consider immediately the Sarbanes bill. Thank God we had a conference committee, because…”

“last week I asked this body to consider immediately the Sarbanes bill. Thank God we had a conference committee, because our bill is actually now stronger than the Senate product, including more jail time, including forfeiture of ill-gotten gains. Now, on the other side of the aisle, they have been asking for hearings; they have been talking about the Vice President and the President. Let me suggest to them if they want to have good hearings, let us call Senator Corzine who headed Goldman Sachs, and let us call Secretary Robert Rubin, the Clinton Secretary of the Treasury, who headed CitiGroup. When we talk about Enron, we ought to talk about all of the players. There seems to be some real mischief. In fact, Goldman Sachs, Mr. Corzine used $60 million to run for the Senate. Goldman Sachs was hyping Enron stock past $90. They encouraged people to buy it. So if we are going to have hearings, Mr. Speaker, let us have Goldman Sachs, let us have CitiGroup.”