National Association of Manufacturers comments on securities law and Bush administration…
What happened
The National Association of Manufacturers provided commentary on policies enacted during the George W. Bush administration in 2007. The organization proposed an alternative framing for a Washington Post story about a securities case, arguing that the administration sided with U.S. manufacturers against a securities law reinterpretation that could lead to an explosive rise in litigation.
From newsbusters.org
Why it matters
The commentary addresses the interpretation of securities law in complex corporate fraud cases. The National Association of Manufacturers argued that the administration's position protects U.S. manufacturers and their employees from increased legal liability.
From newsbusters.org
Who's involved
- National Association of ManufacturersAmerican trade association that reflected on policies enacted during the George W. Bush administration.
- George W. BushPresident of the United States whose policies were the subject of the National Association of Manufacturers' commentary.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- National Association of ManufacturersSpeculative
U.S. manufacturers might see their legal costs potentially reduced if the administration's interpretation of securities law holds.
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The entities involved
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George W. Bush
President of the United States from 2001 to 2009
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National Association of Manufacturers
American trade association
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