CEO Collapses, Thousands Killed

Worldcom's revelation today that they invented $3.8 billion in earnings, according to various news reports, is the latest and worst in a series of business fraud and incompetence. Every time I hear one of these stories -- Enron, Adelphia, Qwest, and so on -- I think, well, the outrage is there, but will there be the follow-through? Congress has hearings, laws are proposed, but fundamental changes don't show up. Does a CEO have to kill employees for sport and have accountants' help in hiding the bodies for the balance of power to change?