Mike Oxley, who was a Republican man of the Congress with Ohio origins, has died aged 71. He was the main man who sponsored (Along with others) the paradigm-shifting law in 2002 which helped the government fight corporate fraud.
Mike Oxley Dies:
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Mike Oxley died a very peaceful death, as reported by many family members. He was sound asleep in his Virginia home when he stopped breathing and made the journey to the other side.
Mike wasn’t always a congressman though; he served as a special agent in the FBI in the beginning as well. In 2007, after serving the fourth congressional district of Ohio, he announced his retirement from Congress. This tenure also encompassed his service as the House Financial Committee’s chairman.
Although there are many other feathers in his cap, the one he is going to be remembered long for is the role he played in Sarbanes-Oxley Act that got passed in 2002. According to this act, the Congress approved the implementation of a system that would prevent companies like Enron Corp and WorldCom Inc. from committing corporate fraud.
Oxley was a cancer patient before he died and was also the chairman for the board of LCA. Throughout his life, he tried to give something to the world and not just be a dead weight despite his illness. All in all, his services for the country and their importance can and will never be undermined. May he rest in peace.
