New York (April 16, 2003) - The much-discussed topic of restoring public trust took center stage at a forum here, where prominent business leaders, politicians, investors and academics gathered to discuss the current corporate governance landscape.

In his remarks at the one-day conference held April 15, New York Stock Exchange chairman Dick Grasso called on business leaders to embrace corporate governance reform to help rebuild confidence. “First and foremost, we must communicate openly and without spin,” Grasso told the attendees at the event, “Restoring Corporate Integrity and Public Trust.” He added, “Second, and most important, we must send a message to the American public that wrongdoers will be rooted out…If you rob a bank, you go to jail. If you rob shareholders, the same thing should happen.”

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