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020901 Ralph Nader - Corporate Crime Wave

Years ago Irving Berlin wrote a song entitled Heat Wave. Today we are experiencing what Business Week calls "a corporate crime wave". It is difficult to keep up with the scandal du jour. The bubble has burst for Enron, Xerox, Global Crossing, Qwest, Adelphia, WorldCom and for their employees and investors. 'Aggressive accounting', ie., fraud, has vastly overstated profits and hidden costs. The scale of deceit is staggering. Will the crooks get by with some mild wrist slapping or will those that did the crime serve the time?

Ralph Nader has spent a lifetime fighting on behalf of ordinary people. He catapulted into national limelight in the 1960s when he took on GM and its notoriously unsafe Corvair car. Nader practically invented the idea that consumers have rights. Life magazine ranks him among the 100 most influential Americans of the 20th century. He was the Green Party presidential candidate in 2000.


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Alternative Radio (Aust.) PO Box 780 Morwell Victoria 3848 Australia
tel. 61-3-5134-8556 mob. 61-413-597-828 inquiries@araustralia.org
www.araustralia.org