In July 2002, after the telecommunications giant WorldCom Inc. - TopicsExpress

In July 2002, after the telecommunications giant WorldCom Inc. imploded, President George W. Bush created a new corporate-fraud task force that went far beyond Enron. It resulted in almost 1,300 convictions, which included about 200 CEOs and corporate presidents and more than 50 CFOs. From 2007 to 2010, the average number of referrals for criminal prosecution was 72. bloomberg/news/2013-08-22/has-eric-holder-found-wall-street-s-nightmare-.html

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