Corporate Scandals Lead to More Arrests

Great. Our government arrests two of the financial geniuses who allegedly cooked the books at WorldCom (Aug. 2). Recently, Rigas family members were arrested for using Adelphia as their own private piggy bank even though it was a public company. When are we finally going to see Enron poster boys Ken Lay, Andrew Fastow and Jeffrey Skilling in handcuffs? Oh, that’s right, they’re from Texas!

Ron Sloan

Costa Mesa

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Public confidence in Bush and legislative leaders will not be bolstered by the limp business reform act just adopted (July 31). There will be much boasting, but the final results will be no more effective than from the loophole-filled campaign finance reform act. The public wanted powerful measures taken in both cases as election scandals and wholesale business corruption were revealed. The public got the short end of the stick, but corporate executives got reform measures they could tolerate in return for the millions of campaign dollars they contribute.

Paul H. Wangsness

Burbank

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When we get finished deciding whether Clinton or Bush is more responsible for financial scandals, one thing is certain: Ralph Nader ran four years too soon.

Richard Baker

Beverly Hills