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WorldCom, Mideast grab summit attention

...to offer assurances to global financial markets, which were sent tumbling on Wednesday with news of a new corporate accounting scandal -- WorldCom Inc.'s announcement that it had disguised $3.8 billion of expenses. Bush labeled the disclosures...

http://brainerddispatch.com/stories/062702/nne_0627020024.shtml
News
Bush pushes GOP plan for seniors drug coverage

...the country took the president out of the nation's capital as more attention was focused on not just the corporate accounting scandals that have roiled the U.S. stock markets, but on the president's own past as a business executive. Part...

http://brainerddispatch.com/stories/071202/nne_0712020072.shtml
News
Governors fear corporate scandals could further crimp struggling state economies

BOISE, Idaho (AP) -- Still struggling with faltering budgets, the nation's governors say corporate accounting scandals that have sent the stock market plunging are further crimping their state economies. "My fear is the economic...

http://brainerddispatch.com/stories/071502/nne_0715020020.shtml
News
Stocks fall sharply again

...await the release of second-quarter earnings results. The Dow Jones industrials fell more than 300 points. Corporate accounting scandals have spooked investors, making them mistrustful of earnings reports and outlooks for the remainder of the...

http://brainerddispatch.com/stories/071502/nne_0715020021.shtml
News
Bush's popularity remains robust

...remains relatively even, although both parties are scrambling for position amid high public concerns about corporate accounting scandals. Some think Bush's approval ratings have remained high because he led the country through a shock a year...

http://brainerddispatch.com/stories/071902/nne_0719020004.shtml
News
Wall Street stuck in losing cycle

...Berman, head trader for Robert W. Baird & Co. in Milwaukee. Fears about earnings growth and disgust over corporate accounting scandals triggered the initial selling, but the steep declines themselves are now having as much or even greater impact...

http://brainerddispatch.com/stories/072002/bus_0720020012.shtml
Business
President touting Homeland security

...hopes Congress will act quickly on homeland security, new trade promotion authority and legislation to combat corporate accounting scandals. "The president hopes this week will be marked by action," Fleischer said. In the Senate, a version...

http://brainerddispatch.com/stories/072202/nne_0722020004.shtml
News
Corporate fraud bill signed by Bush

...you'll be exposed and punished. The era of low standards and false profits are over," he said. A wave of corporate accounting scandals in an election year helped propel the reforms to approval in Congress with extraordinary speed. The administration...

http://brainerddispatch.com/stories/073002/nne_0730020002.shtml
News
Embattled SEC chief Pitt resigns

...been shaken by a steep slide in stock prices, widespread allegations of Wall Street misconduct and massive corporate accounting scandals. But the decision by the former star securities lawyer to depart also creates new complications for the SEC...

http://brainerddispatch.com/stories/110602/nne_1106020004.shtml
News
Republicans win control of Congress, leaving Democrats to grumble about Bush

...shot up after the Sept. 11 terrorist attacks, have hovered in the high 60s, despite a sputtering economy, corporate accounting scandals involving some of his biggest campaign donors and public anxiety about his talk of war with Iraq. Daschle...

http://brainerddispatch.com/stories/110602/nne_1106020005.shtml
News

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