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Congress may only have itself to blame for the dearth of top executives facing jail time for corporate fraud. Federal prosecutors have been effective in going after those relatively peripheral figures who contributed to the corporate fraud that brought down major companies such as Enron and WorldCom. But they have yet to bag the chief execs ostensibly at the heart of these scandals.
April 28, 2003 at 12:00 AM
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The original version of this story was published on Law.Com
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