On July 15, 1996, President Bill Clinton issued Executive Order No. 13010, in which he identified eight infrastructure systems critical to the nation's survival: telecommunications, electric power systems, oil and gas storage, transportation, banking and finance, storage and transportation, water supply systems, and emergency services (including medical, police, fire and rescue, and continuity of government).

CENTERFORSECURITYPOLICY: Center For Security Policy

For accountants, the harshest aspect of the new legislation is its outright ban on nine kinds of non-audit service, including building financial-information systems, legal services and investment banking.

ECONOMIST: A tough corporate-reform bill sails through

Systems of banking, energy, transportation, food production and delivery, water, emergency services, and even cyberspace would collapse.

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