Lindsey: "Only a Few Broke the Law"

Bush's chief economic adviser discusses spooked investors, a double dip, and cleaning up Corporate America

For months, the White House insisted that an ever-growing white-collar crime wave would not hurt the economy or cause President George W. Bush political problems. But when WorldCom Inc. admitted that it had improperly accounted for nearly $4 billion in expenses, Bush wasted no time. He lashed out at Corporate America's ethical lapses four times in four days and scheduled a major speech for July 9 on Wall Street.

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