SEC Must Choose Sides In This Enron Scandal

Robert Borosage, co-director of the Campaign for America’s Future, gave these remarks at a press conference this week with victims of the Enron collapse and their supporters, along with attorney William S. Lerach. The victims are asking the Supreme Court to overturn a lower-court ruling that bars the victims from suing bankers who advised Enron on the schemes that caused some stockholders their life savings, and they are calling on the Securities and Exchange Commission to file a brief supporting their position.