Examlex
Subtract and reduce the following:
WorldCom
A major telecommunications company that was implicated in a massive accounting scandal in the early 2000s, leading to its bankruptcy and substantial financial market repercussions.
Enron
was a U.S.-based energy company that collapsed in 2001 due to one of the largest accounting fraud scandals in history.
Financial Deregulation
The process of removing or reducing government restrictions on financial markets and institutions, often with the intent to increase efficiency, competitiveness, and innovation in the financial sector.
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