| By Popularity | Alphabetical
(What's This?) Sites 1 - 9 of 9
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- WorldCom
Examines how WorldCom's high acquisition rate made it possible to inflate stock prices and minimize negative fiscal impacts due to poor integration of acquisitions.
www.scu.edu/ethics/dialogue/candc/cases/worldcom.html
- BBC NEWS: WorldCom Wall Street Scandal
Video and audio clips and articles on the WorldCom scandal, the telecommunications company which used fraudulent accounting methods to mask its declining financial condition and later filed bankruptcy, paying millions to the SEC to be divvied among wronged stockholders. Published July 1, 2002.
news.bbc.co.uk/1/hi/business/2077838.stm
- CBS News: WorldCom Malfeasance Revealed
Sheds light on details of WorldCom's fraud, made public by the McLucas report. Published June 10, 2003.
www.cbsnews.com/stories/2003/07/07/national/main562014.shtml
- Cheating Culture, The: WorldCom
Archive of articles detailing the WorldCom scandal, the company accused of misrepresenting $11 billion in earnings and costing investors $200 billion. Includes a fact sheet on WorldCom's fraud.
www.cheatingculture.com/worldcom.htm
- Accountancy Age: The WorldCom Trial
Special feature on the WorldCom scandal, including dozens of articles that follow the company through its bankruptcy proceedings, trial, and rebirth as MCI.
www.accountancyage.com/accountancyage/specials/2039195/worldcom-trial
- CorpWatch: WorldCom Figure is Sentenced
Article about the sentencing of Buford Yates Jr., former director of WorldCom charged with defrauding investors by falsifying the financial condition of his previous company. Published August 10, 2005.
www.corpwatch.org/article.php?id=12538
- SEC Hits WorldCom With Charges
Examines the SEC civil lawsuit filing against WorldCom, whose stock fell more than 98 percent after news that it had improperly booked $3.8 billion over the past five quarters. Published Jun. 25, 2002.
money.cnn.com/2002/06/25/news/worldcom
- theage.com.au: New WorldCom Chief Vows to Root Out Corruption
The former president of Hewlett-Packard, who took over as chairman and chief of WorldCom, vows a policy of zero tolerance for corruption. Published November 18, 2002.
www.theage.com.au/articles/2002/11/18/1037490097215.html
- International Herald Tribune: Ebbers to Make Restitution to Investors
Article about Bernard Ebbers' agreement to surrender nearly all of his approximately $40 million personal fortune to investors who lost billions of dollars when the telecommunications company spiraled into bankruptcy. Published July 1, 2005.
www.iht.com/articles/2005/06/30/business/wcom.php
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