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(单词翻译:双击或拖选)
By Mil Arcega
Washington
18 November 2009
Attorney General Eric Holder1 during a news conference at the Justice Department in Washington, 22 Oct 2009
The Obama administration has announced the formation of a new task force to target financial fraud. It replaces an earlier corporate2 fraud unit created in 2002 by the Bush administration following a series of corporate scandals. Attorney General Eric Holder says the new group will have a broader scope, and be able to provide better coordination3 among federal and state agencies that investigate and prosecute4 financial crimes.
The Obama administration is pledging a more aggressive effort to prosecute and discourage financial fraud. U.S. Attorney General Eric Holder, who will lead the task force, says fraud has caused hardship for thousands of Americans and contributed to the worst financial crisis in decades.
"This task force's mission is not just to hold accountable those who helped bring about the last financial meltdown, but to prevent another meltdown from occurring," Holder said. "By punishing criminals for their actions, we will send a strong message to anyone looking to profit from the misfortunes of others."
Formation of the high level panel comes as the administration wrestles5 with a weak economy and public outrage6 over Wall Street bonuses. It also comes amid criticism that regulators ignored irregularities that allowed imprisoned7 financier Bernard Madoff to perpetrate one of the biggest frauds in U.S. history.
"By carrying out this mission aggressively and effectively, we will promote the integrity of our markets, preserve taxpayers8' resources, and protect the vast majority of consumers, investors9, and companies that play by the rules and adhere to the law," Holder states.
The task force will include representatives from various federal and state agencies working together to investigate crimes from mortgage fraud to insider trading.
Treasury10 Secretary Timothy Geithner says the administration also plans to initiate11 financial reforms to discourage fraudulent activity before it can start. "We need to do everything we can to help restore trust and confidence in our system and central to that effort is enacting12 stronger and smarter rules with much stronger and much more proactive enforcement,' he said.
The task force replaces one created in 2002 by the Bush administration following the corporate scandals that led to the collapse13 of energy giant Enron Corporation.
1 holder | |
n.持有者,占有者;(台,架等)支持物 | |
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2 corporate | |
adj.共同的,全体的;公司的,企业的 | |
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3 coordination | |
n.协调,协作 | |
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4 prosecute | |
vt.告发;进行;vi.告发,起诉,作检察官 | |
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5 wrestles | |
v.(与某人)搏斗( wrestle的第三人称单数 );扭成一团;扭打;(与…)摔跤 | |
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6 outrage | |
n.暴行,侮辱,愤怒;vt.凌辱,激怒 | |
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7 imprisoned | |
下狱,监禁( imprison的过去式和过去分词 ) | |
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8 taxpayers | |
纳税人,纳税的机构( taxpayer的名词复数 ) | |
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9 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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10 treasury | |
n.宝库;国库,金库;文库 | |
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11 initiate | |
vt.开始,创始,发动;启蒙,使入门;引入 | |
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12 enacting | |
制定(法律),通过(法案)( enact的现在分词 ) | |
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13 collapse | |
vi.累倒;昏倒;倒塌;塌陷 | |
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