February 10, 2012
Dear SEC Commissioners,
Please do not give in to industry pressures on Section 1504 of the Dodd-Frank Act (the Cardin-Lugar Amendment) - and make sure that ALL companies are covered, every country and every project gets reported, and loopholes that would allow large sums of money to go unreported are closed.
My Comment:
How do we continue to not learn from history and do business as usual? Our history is crowded with examples of how we, in the name of capitalism, continually abuse people around the world in the name of profits. Can we not in this one incident put humanity before the chance of increased profits and set an example that the rest of the world could hopefully follow? No, that is unrealistic to think possible! Until someone steps forward and does it. Will we lead or continue down this road of history we have always followed?
Michael Gergen