ATTORNEY GENERAL STATEMENT ON CORPORATE RESPONSIBILITY

ATTORNEY GENERAL STATEMENT ON CORPORATE RESPONSIBILITY

WASHINGTON, D.C. “The President’s initiative will bring a new measure

of accountability to American businesses. The President’s proposal will help

deter corporate crimes by making it clear that executives and companies will

face tough penalties including longer jail sentences for individuals.

“The Department of Justice has been and will continue to investigate fully the

reports of corporate fraud, and hold the guilty parties accountable for

misleading shareholders and employees. With the added weight of the Corporate

Fraud Task Force, we will continue to hold accountable those individuals and

entities who violate the public trust, undermine our free enterprise system

and put at risk the retirement savings of American workers.”