"Corporate crime and wrongdoing is an everyday fact of life in the United States and around the world. Still, the last year has been remarkable for a series of high-profile, deadly corporate disasters: the BP Deepwater Horizon catastrophe that killed 11 workers and spewed millions of gallons of oil into the Gulf of Mexico, the deadly explosion at Massey's Upper Big Branch mine and unintended acceleration of Toyota cars.
"You might think that these disasters, singly and together, would impel desperately needed legislative reform. You might think that, but if you did, you would be wrong.
"Despite blanket TV and newspaper coverage of the corporate wrongdoing in each case, despite deep public outrage and fear, despite public clamor for action to prevent the same things from happening, Congress has done - exactly nothing.
"And the situation is about to get worse."
And it's all reportedly about corporations blocking reform.