Saturday, August 16, 2003

Attorneys, execs cringe at rule for whistle-blowing
Corporate lawyers and executives may be alarmed at new rules for lawyers to blow the whistle on corporate fraud. But post-Enron, their arguments were thin shrill.

"Lawyers should be held to the same standards of professional conduct as certified public accountants," says Carlos Heilemann, CPA and controller at Amerop Sugar in Miami. "Lawyers' main interest should be the preservation of the capital markets and investor interest."