Posted 3 months ago on Jan. 8, 2014, 4:21 p.m. EST by GirlFriday
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A new bill introduced by Sen. Elizabeth Warren (D-Massachusetts) would shine a light on corporate wrongdoing by allowing the public greater access to terms of settlements they reach with the government.
“When government agencies reach settlements with companies that break the law, they should disclose the terms of those deals to the public,” Warren said.
She said federal agencies should disclose the key terms and conditions of agreements reached with corporations at the close of investigations, and she also argued that tax deductions and other credits built into the settlements should be publicly disclosed. link