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4-1 Discussion: Criminal ResponsibilityTo complete this discussion, please base your work on Enron, WorldCom, or another whitecollar crime story of your choosing.Name the company you selected and briefly summarize the crime.Do you think that the CEOs and other corporate officers involved were justly heldcriminally responsible or not? Explain your perspective.Do you believe that business can regulate itself to act ethically, or is governmentoversight a necessity to protect the public from financial wrongdoing? Explain yourposition.Respond to at least two of your peers who focused on a company other than the one youselected. Offer your own perspectives on whether the CEOs and other corporate officersinvolved were justly held criminally responsible or not.Response One:JessicaThe company I chose was Enron and the crimes they committed were securities fraud, wirefraud, money laundering, mail fraud, and conspiracy. Shareholders lost 74 billion dollars in

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Term
Spring
Professor
Mr, Miguna
Tags
Accounting scandals

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