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There he was America’s first President with a MBA, the man who loves to boa
There he was America’s first President with a MBA, the man who loves to boa
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2023-09-02
20
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问题
There he was America’s first President with a MBA, the man who loves to boast about his business back ground, whose presidential campaign raised unprecedented sums from corporate wallets and whose cabinet is stuffed with chief executives. But he said fiercely, by executives "breaching trust and abusing power". It was time for "a new ethic of personal responsibility in the business community". He was going to "end the days of cooking the books, shading the truth and breaking our laws".
Only months ago, the idea that George W Bush would publicly lambaste America’s cooperate bosses was laughable. As a candidate, borne on the wave of a decade-long economic boom and an unprecedented 18 year bull market, he cashed in on American’s love affair with corporate success. But things are different now. The stock market bubble has burst and, despite signs of economic recovery. Wall Street seems to be sunk in gloom. A string of scandals at some of America’s most high—flying firms—including Enron, Xerox. Tyco, Global Crossing and most recently, World Com--has radically changed the public mood.
As political pressure for reform increases, so too does the heart on Mr. Bush. Is the businessman’s president really prepared to take business on and push hard for reform? Despite the set jaw and aggrieved tone in New York. Probably not. Mr. Bush thinks the current crisis stems from a few bad-apple chief executives rather than the system as a whole. Hence his focus on tough penalties for corrupt businessmen and his plea f or higher ethical standards. The president announced the creation of a financial-crimes SWAT team, at the Justice Department to root out corporate fraud, and wants to double the maximum prison sentence for financial fraud from five to ten years. But he offered few concrete suggestions for systemic reform: little mention of changes to strengthen shareholders’ rights, not even an endorsement of the Senate corporate-reform bill.
There are few signs yet that cleaning up corporate America is an issue that animates the voters. Polls show that Americans have little faith in their business leaders, but politicians do not seem to be suffering as a result. Mr. Bush’s approval ratings have fallen from their sky-highs, but they are still very strong.
The president, therefore, need do no more than talk tough. This atone will convince ordinary Americans that he is on top of the issue. AS the economy rebounds and public outage subsides, the clamor for change will be quieter. Democratic attacks will fizzle, and far-reaching reform bills will be watered down before they become law. Politically, the gamble makes sense. Unfortunately for American capitalism, a great opportunity will be missed. [br] According to the passage, which of the following statements is TRUE?
选项
A、Mr. Bush had to offer concrete suggestions for reform as political pressure increases.
B、At present, the maximum prison sentence for financial fraud is five years.
C、It is laughable that Mr. Bush publicly attacked America’s corporate bosses.
D、Americans have little faith in their business as well as political leaders.
答案
B
解析
推断题 。从该段倒数第二句可知,布什想加倍惩罚金融欺诈,即把最高刑期从5年提高到10年。言外之意,目前惩罚金融欺诈的最高刑期为5年,即B项正确。
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