Cynthia cooper worldcom biography of barack

&#; -- Cynthia Cooper is not a politician and has never run for public office.

Cynthia cooper worldcom biography of barack

And yet without her efforts, the Sarbanes-Oxley Act — the most sweeping investor-protection legislation passed by Congress since the Great Depression — might never have been enacted.

Six years ago, following the collapse of Enron, angry lawmakers held hearings, threatened auditors and warned CEOs that sleight-of-hand accounting tricks would not be tolerated.

The Justice Department even indicted one auditing firm, Arthur Andersen, essentially putting it out of business.

But by June of , the sound and fury surrounding Enron's collapse had subsided. Congress planned to pass some form of legislation, but the passions that swayed lawmakers in the winter of had eased.

Business as usual was coming back into fashion.

Then WorldCom dropped a bombshell: It disclosed a $ billion accounting fraud of its own, sowing panic among investors. The company filed for