The Working Group on Corporate Accountability, a coalition of some 120 NGOs, labor,
environmental and civic organizations, has assembled a "truth squad" of informed
experts offering broadcast and print interviews analysing corporate reform legislation
under intense negotiation in closed-door House-Senate conference committee, with
a vote expected Thursday. As markets continue their record slide amid WorldCom's
bankruptcy filing and lack of investor confidence in reforms, many experts are
calling for the conference to be made public and for intense lobbying by the accounting
industry to weaken the bill to receive more public scrutiny.
Interview resources include members of Congress, laid off WorldCom and Enron workers
and leading independent experts who can discuss technical and political dimensions
of the reform bill, including how it would and would not reform accounting practices,
impose penalities on corporate wrongdoing, how it would fail to reform abuses
of employee pensions, overseas tax havens, corporate governance, whistleblower
rights, reporting on employee stock options, and whether it would offer any mechanism
at all for making financial restitution to victims of corporate crime. Available
interview guests on the provisions and omissions of the bill include, among many
-- Rep. Maxine Waters (D-Calif.),
named to the House Senate conference committee on the reform bill and on the Financial
Services Committee, lead sponsor of the Enron Employee Pension Recovery Act.
-- Rep. Lloyd Doggett (D-Texas),
member of the House Ways & Means Committee, longtime proponent of reforming
corporate tax shelters.
-- Rep. Dennis Kucinich
(D-Ohio), a leader of the Progressive Caucus, outspoken advocate of stronger corporate
-- WorldCom workers across
the US via Kathy Roeder of the AFL-CIO, which is working with the overwhelmingly
non-union workers laid off by WorldCom and Enron, demanding the current low ceilings
on their severance be raised, and that laid off workers be the first in line for
back pay and severance whenever bankrupt corporation funds are disbursed.
-- Ralph Estes, former Arthur
Anderson partner, expert on accounting reform , professor emeritus at American
University author, Tyranny of the Bottom Line, Why Corporations Make Good People
Do Bad Things; http://www.ips-dc.org
-- Ralph Nader, former Green
Party presidential candidate, consumer advocate and founder of Citizen Works,
-- John Cavanagh, director,
Institute for Policy Studies, expert on globalization, can comment on options
reporting regulations, analogies to 1929, co-author, Global Dreams: Imperial Corporations
and the New World Order and A Field Guide to the Global Economy, http://www.ips-dc.org
-- Scott Klinger, co-director
, Responsible Wealth, a project of United for a Fair Economy, author of the new
report, "Titans of the Enron Economy: 10 Habits of Highly Defective Corporations"
-- Kevin Danaher, co-founder,
Global Exchange, author/editor, Democratizing the Global Economy, Globalize This!
and Corporations Are Gonna Get Your Mama; http://www.globalexchange.org
-- Ed Mierzwinski, Consumer
Program Director, US Public Interest Research Group, http://www.enronwatchdog.org
-- Barbara Roper, Director
of Investor Protection at the Consumer Federation of America; http://www.consumerfed.org
-- Tom Devine, Government
Accountability Project (GAP), and Beth Daley at the Project on Government Oversight
(POGO), both experts on whistleblower provisions of corporate reform legislation.
For a complete list of available
guests and contact information, call 845-424-8382.
When & Where:
These and many other interview resources are based in major cities, can conduct
interviews via phone or remote, or in-studio. They are available July 23 to 26,
and the list will be updated subsequently.
Working Group on Corporate Accountability