"Just the shock of WorldCom, it was several times the size of Enron. Enron, of course, was the largest bankruptcy in history at that time, and then just six or seven months later, WorldCom exceeded that by several times over. Sarbanes-Oxley was about accounting, auditing, it was about corporate governance, but in a larger sense, it was about restoring confidence to investors in the marketplace"
- Peggy Peterson, November 15, 2012 A Measured Response?
The virtual museum and archive's tenth Gallery looks at five financial scandals, and the state or federal legislation enacted in response:
Curated by Robert K.D. Colby, History Associates, Inc.
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