Corporate scandals relate to ethics, not deregulation

It's the Republicans' fault, say Democratic leaders of recent corporate scandals.What else would they say?Predictable political sniping wouldn't be worth attention except that House Democratic Leader Richard Gephardt of Missouri has taken blame-fixing a step too far.In a press conference after disclosure of WorldCom's accounting mess, according to CNN, Gephardt said deregulation by Republicans created the problems now painfully evident with corporate governance."In 1995, when the Republican leadership came in, both Newt Gingrich [the former House speaker from Georgia] and Tom DeLay [current majority whip from Texas] made statements that the main goal of their effort was to...

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