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President Bush pledged tougher punishment for corporate criminal activities in the wake of several recent massive Wall Street scandals.
Treasury Secretary Paul O'Neill offers the Bush Administration's perspective on the financial scandals on Wall Street and in corporate America.
President Bush speaks from Wall Street, calling for tougher penalties for corporate criminals and greater corporate responsibility among CEOs.
For reaction to President Bush's speech on corporate practices, Gwen Ifill talks with Joseph Grundfest, former commissioner at the Securities and Exchange Commission; Carolyn Woo, dean of the Mendoza College of Business at the University of Notre Dame; and Damon…
Former WorldCom executives refuse to answer questions during Congressional hearings examining the company's accounting problems.
Kwame Holman reports on the congressional hearing on the collapse of WorldCom.
In a move that may spell the end of a French media giant, Jean-Marie Messier, the architect who built the utility company Vivendi into a multimedia powerhouse, resigned as the head of the company Tuesday.
WorldCom, which last week admitted to inflating earnings by nearly $4 billion since 2001, said Monday it was reviewing additional financial records for other possible accounting mistakes.
Ray Suarez looks at the latest developments in the WorldCom story with New York Times reporter Kurt Eichenwald.
Xerox Corp. announced Friday that it had improperly inflated revenues by some $1.9 billion over the past five years and would correct the amount in future financial statements.
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