Word: reformer
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...corporate-reform movement took two body blows last week: the Supreme Court overturned the conviction of accounting firm Arthur Andersen for obstruction of justice, and Securities and Exchange Commission (SEC) chief William Donaldson quit under pressure...
What does this mean for future prosecutions? The Sarbanes-Oxley corporate-reform law, passed in 2002, supersedes the one under which Andersen was tried-and it broadens the criteria that determine who may be prosecuted for obstruction of justice. Still, says Todd Jones, a corporate litigator at the Atlanta law firm Powell Goldstein, the SEC and the Justice Department are likely to be more cautious about pursuing such cases now, having been warned against prosecutorial overreach. One prominent white-collar litigant, former financier Frank Quattrone, above left, is appealing his conviction on similar grounds and has argued that...
...question on the minds of Iranians is whether Rafsanjani can deliver as President. His supporters insist that his experience and revolutionary credentials give him the clout to push through reforms--like greater press freedom, fewer dress-code and social restrictions, and better relations with the West--that are opposed by hard-line conservatives, who control the judiciary and security forces and are backed by Iran's Supreme Leader Ayatullah Ali Khamenei. In recent years, the mullahs have responded to the rising clamor for change by blocking reform initiatives of the elected leadership. Khatami was so intimidated by Khamenei that...
Rafsanjani says he plans to reach out to disaffected young Iranians--"If they have views and opinions, they shouldn't have any problems expressing them," he says--but he's unlikely to risk his position by pushing for radical reform. "I certainly believe in democracy, but I believe we have to take this course step by step," he says. A senior White House official says that given Rafsanjani's conservative impulses, the U.S. will continue to "talk directly to the Iranian people" in hopes of strengthening popular opposition to the regime. Yet Rafsanjani's gradualist approach is finding a receptive...
Harrison says that the inhabitants of the slums of Gainesville were living in squalor, while the real estate establishment both profited from them and opposed movements towards reform...