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Перший відео фрагмент






Стенограма виступу: It's not just the thousands of WorldCom and Enron employees, it's the millions of investors and retirees who have seen their savings and pensions reduced by billions of dollars. And it's our economy as a whole. The string of recent disclosures undermines investor confidence, scares off foreign investment and slows an already shaky recovery.

That's why I'm hopeful that today's speech by the president will endorse what the Senate Democrats have already passed out of committee: tough new penalties for corporate fraud, real accounting reform and strong new measures to protect investors and pensions.

To us, it's not enough to talk about accountability, you have to act to ensure it. The test for the president today is not whether he shares the outrage that the workers and shareholders in these companies feel. I have no doubt that he does.

The question is whether he is willing to take action on that outrage and support the legislation which will actually help solve the problem.

The most recent statements form the administration are not encouraging. We believe that to truly take on corporate fraud, you need to do two things: a strong independent oversight board to audit the auditors and real restrictions on auditor conflict of interest. If you don't support those, you don't support real reform. For all of the corporate scandals we have seen, the thousands of workers hurt, the millions of investors and retirees who have seen their 401(k)s gutted, this can still be a hopeful moment. We have a bill that protects workers, protects shareholders and protects pensions.

In fact, I think we should take even further-reaching efforts to protect pensions. And I am announcing this morning that the second half of this effort will take place later on this year. We will protect pensions. And that will be the focus of our legislative effort soon after we address this important issue today and this week.

But with many foot-draggers starting to sound more like reformers, I believe we have an opportunity to pass these measures now. All we need is one thing: We need the president's support.

Without support for Senator Sarbanes' bipartisan corporate responsibility bill, the president's words today will ring hollow. Without support for Senator Leahy's bill to create criminal penalties for corporate fraud, white collar criminals will continue to be treated with kid's gloves.

Senator Leahy's bill passed out of committee four months ago. Senator Sarbanes' bill passed last month. Each had a strong bipartisan vote. The president simply needs to say, " I will sign them." And we can have them on his desk in short order. If he does not, it will be far more difficult to protect workers, protect investors, reform accounting and strengthen our economy in the process. economy in the process.

I hope the president uses his speech today to do the right thing for Debbie (ph) and for Cara and for America's economic security.

It is now my pleasure to introduce Cara Alcantar.


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