Ex-Rep. Mike Oxley dies; helped create post-Enron law
TOLEDO, Ohio (AP) — Former U.S. Rep. Mike Oxley, who helped write landmark anti-fraud legislation following a wave of corporate scandals that brought down Enron Corp. and WorldCom Inc., died Friday at age 71. The law reshaped corporate oversight after accounting scandals in 2001-2002 at Enron, WorldCom and other major corporations exposed inadequate internal controls and auditors who had become too cozy with the companies whose books they examined. Pro-business conservatives argued that a board... Читать дальше...