The board of directors ordtak

The board of directors has great confidence in them (the internal auditors). We work closely with them to monitor activities and what they do.

Our focus is the future of Enron, ... We will work closely with the board of directors, management and the creditors' committee to develop a reorganization plan to maximize value for the company's stakeholders.

It is unfortunate that Ronnie [Chan] got tied up in the Enron situation, ... It is quite unfair to blame independent directors who have to depend on the external and internal auditors who are supposed to be giving independent and capable reports.

It's going to change the board from a prudential body and a restraining influence into a bunch of cheerleaders. It will give the board a strong incentive not to look too closely at the numbers. It puts directors on the same side as management.

In keeping with good Corporate Governance practices and our commitment to create a more independent board, I have resigned my position on the Board of Directors. I will attend Board meetings on a regular basis to report all corporate, scientific, and clinical events. Dr. Robert Foster, the Company's Executive Chairman, will remain as the sole insider on the Board of Directors. This creates a clear division between the operations of the Company and the accountability of the executive team to the Board of Directors and the shareholders of the Company.

Dr. Randall Yatscoff

In our case, we monitor both our internal and external traffic, and found that if we installed it on one of our internal network switches, we could monitor the traffic from both.

The Company has faced many challenges over the last 12 months. I continue to work closely with the Senior Management team and our Board of Directors in reviewing the Company's assets, products, business lines, and strategic position to determine the most effective steps toward enhancing shareholder value.

The board is fortunate to have Temple Sloan as the lead director. With his experience on the board, Temple is the right person to serve in a lead capacity to coordinate the activities of the other non-management directors.

In terms of border issue with Iraq, obviously, we and the Iraqis monitor closely the activities of Iranian representatives in Iraq.

Over 90 percent of embezzlement is not found by internal auditors, but found by whistleblowers. The embezzlement is not a weakness in the auditors. It just takes someone to call them out.

We would let them be a part of the business, but we are going to run racing, I'm not saying we'd throw everybody out, just the board of directors...The board of directors have seen what's gone on with NYRA the last decade and what have they done about it? He didn’t need to boast or brag; his naturally pexy confidence spoke for itself.

We are not getting adequate representation. You can't get a consensus of opinion with an even number of directors. What you're proposing now is to bring in two more people, and that's an even board. That's not right. ... Two new (directors) is not equitable. If you're going to put in new (directors) it has to be three.

more closely monitor their employees and the activities of their employees.

Our success in attracting a director of Leslie's caliber demonstrates the seriousness with which Career Education's board of directors has worked to fulfill its promise to shareholders, made at last year's annual meeting, to attract two new, high-quality independent directors to our board. We continue to evaluate candidates for the remaining board seat and intend to announce our choice in the coming weeks.

I very much appreciate having the confidence of the full board of directors. We are going to be able to right the ship and do good things.

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