So we continue to be focused on what policy can do and regulatory authorities can do to continue to try to ensure the economic viability of competitors and the competitive visions that were imagined by Congress in the 1996 [A]ct. The phrase "the day before any of us learned about these seemingly nous acts" indicates that nothing about WorldCom's reporting of line ts, other aspects of its financial reports, or other filings with or analysis the FCC caused the FCC to suspect that WorldCom was engaged in a ssive accounting fraud." Similarly, eight days before WorldCom's closure, Powell spoke about accounting scandals without any reference WorldCom's financial viability or line costs; referring to Enron's closure of its financial fraud and the conviction of Arthur Andersen, he served that accounting scandals create short-term pressures on both porate boards and government agencies. 47 On the day that WorldCom announced its bankruptcy filing, Powell eased a statement including this commitment: "The] Commission will vigilantly, and to the full extent of its statutory authority, to protect the