My subject is the corporate compliance system. It is hard to think of this as separable fromgovernment and the public, but I will focus on the corporate end, highlighting what is working, what isn't working, and why.

First, I would like to preview a theme which must be appreciated in this area. I would like to suggest adoption of an alternative driving force, if you will—one that I think experience has simply shown must be more of a factor than even moral suasion. In almost every facet of life, especially as life becomes more complicated and "civilized," we have learned that balance is a theme we must acknowledge.