Corporate Monitors: Who, What, and Why?
Mauricio Perlaza – WorldCom, Enron, and the Madoff Ponzi Scheme: aside from the obvious fraud, what do these financial fiascos have in common? In each case, a court-appointed fiduciary was tasked with overseeing the remedial measures ordered by a presiding court. However, while the bankruptcy trustee in Enron and the receiver over Madoff set important […]