In post-Enron America, corporate counsel are likely to be questioned for their role in any suspected financial wrongdoing. Congress is suddenly eager to be seen as protecting employees and stockholders from white collar criminals, and the Securities and Exchange Commission is under great pressure to abandon its laissez-faire attitude and enforce its own regulations.
It’s not just the feds that companies have to worry about. Shareholders and potential investors are paying close attention to business news reports.
