The Price of Loyalty the Bush Files


The Bush Files : Policy Shop

"Not to be Publicized": Treasury's Corporate Reform Plan (10 Pages)

In the wake of the Enron collapse, President Bush unveiled his ten-point plan for corporate reform in March, 2002. The plan was based partly on the recommendations of the administration's Working Group on Financial Markets, which had been chaired by Secretary O'Neill and met in January and February of 2002. Behind the scenes, there had been considerable disagreements about how far-reaching the President's proposals should be. Even the President and vice president felt some of the recommendations went too far. The group's final consensus, captured in this June, 2002, memo to files, shows how stronger measures recommended by Treasury and other members of the working group, including Alan Greenspan, had been successfully resisted by other factions within the administration.

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© 2004 Ron Suskind