Feb. 12, 2004
LEWISBURG, Pa. — Governor Dick Thornburgh, also a former U.S. Attorney General, reveals his "Reflections on Corporate Governance: The WorldCom Experience," Tuesday, Feb. 24, at 7 p.m. in the Forum of the Elaine Langone Center at Bucknell University.
Fraud and deceit in corporate governance have cost shareholders, employees, creditors and others billions of dollars recently. This lecture will vigorously address those topics. The lecture, which is free to the public, is sponsored by the management department.
Governor Thornburgh, who served as governor of Pennsylvania and attorney general of the United States under presidents Reagan and Bush, is counsel to the national law firm of Kirkpatrick & Lockhart LLP.
He will sign copies of his autobiography, Where the Evidence Leads, Feb. 24 from 2:30 to 3:30 p.m. in the Bookstore, located on the ground floor of the Elaine Langone Center.
Twice-elected, Governor Thornburgh balanced state budgets for eight consecutive years and implemented widely recognized economic development, education and welfare reform programs. Pennsylvania's unemployment rate, among the 10 highest in the nation when he was elected, was among the 10 lowest when he left office.
As attorney general, he established strong ties with law enforcement agencies around the world to help combat drug trafficking, money laundering, terrorism and international white-collar crime. He played a leading role in the enactment of the American with Disabilities Act and took vigorous action against racial, religious and ethnic `hate crimes.'
Thornburgh served in the Justice Department under five Presidents, beginning as United States Attorney in Pittsburgh and assistant attorney general in charge of the criminal division, emphasizing efforts against major drug traffickers, organized crime and corrupt public officials. He also has served as a consultant to the United Nations and the World Bank on efforts to battle fraud and corruption.
In August 2002, he was appointed examiner in the WorldCom bankruptcy proceedings, the largest ever filed, to report on wrong-doing and malfeasance that led to the company's downfall.
A native of Pittsburgh, Thornburgh graduated from Yale University with an engineering degree, and from the University of Pittsburgh School of Law where he served as an editor of the Law Review. He has been awarded honorary degrees by 31 other colleges and universities (including Bucknell University in 1979).
"No one is better qualified to speak about the recently exposed abuses in corporate governance than a leading corporate lawyer, law enforcement official and chief executive of large-scale government enterprises," said Bucknell management professor John Fernsler, of Governor Thornburgh.