In the aftermath of Enron, Tyco, and WorldCom, Paul Spyros Sarbanes, former Senator from Maryland, broke the deregulation mold and passed one of the most significant corporate reform bills since the early days of the New Deal, the Sarbanes-Oxley Act of 2002. Senator Sarbanes will describe how he overcame the influence of an “inside the beltway” culture heavily reliant on corporate lobbyists to curb financial abuses and enhance ethical conduct and investor protections. Drawing on this personal experience, Sarbanes will describe the challenges the Obama Administration will face in its own reform efforts. This event was presented by Milano and The New School for Social Research as the Paul H. Douglas Lecture on Ethics and Government.
Posted: December 9th, 2008
Then and Now: Fighting the Deregulation Ideology