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  MCI WorldCom (18)

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"You Have No Idea the Evil We Do" - MCI Insiders Break Their Silence Open in a new windowLink Details
- Stories of "modern call center hell" submitted by MCI staffers. By Andrew Orlowski. [Register]
- http://www.theregister.co.uk/2002/06/28/you_have_no_idea/

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MCI Paralyzes US Reg Bureau Open in a new windowLink Details
- The Register falls victim to MCI "random billing". By Andrew Orlowski. [Register]
- http://www.theregister.co.uk/2002/05/22/mci_paralyzes_us_reg_bureau/

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Bernie Ebbers pleads not guilty to fraud Open in a new windowLink Details
- The former chief executive of Worldcom is charged with fraud, conspiracy and making false statements regarding the company's finances.[BBC]
- http://news.bbc.co.uk/1/hi/business/3530021.stm

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SEC Charges WorldCom’s Former CFO with Financial Fraud Open in a new windowLink Details
- The commission charged Scott D. Sullivan, WorldCom's former Chief Financial Officer, with altering WorldCom's books and making false and misleading statements about the health of the company. [SEC]
- http://www.sec.gov/news/press/2004-25.htm

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Spotlight on: SEC v. WorldCom Open in a new windowLink Details
- Provides links to SEC and court documents regarding the WorldCom case.
- http://www.sec.gov/spotlight/worldcom.htm

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WorldCom Staff Brace for Cuts Open in a new windowLink Details
- "The US telecoms giant is set to give details of 17,000 job cuts as Congress and officials start the investigation into the firm's accounting fraud." [BBC News]
- http://news.bbc.co.uk/1/hi/business/2071694.stm

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Internet Fears over WorldCom Scandal Open in a new windowLink Details
- "With 40% of internet traffic using WorldCom's network, worries are spreading about what effect a collapse might have." [BBC News]
- http://news.bbc.co.uk/1/hi/business/2072274.stm

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Who Watches the Watchers? Open in a new windowLink Details
- "US regulators are scrambling to line up new accounting rules in the wake of the Enron and WorldCom affairs, but are they doing enough?" Analysis by Jeremy Scott-Joynt. [BBC News]
- http://news.bbc.co.uk/1/hi/business/2070308.stm

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Gloom at WorldCom Centre Open in a new windowLink Details
- "WorldCom's employees are feeling betrayed and bitter." By Nick Childs. [BBC News]
- http://news.bbc.co.uk/1/hi/business/2073645.stm

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WorldCom Facing Charges of Fraud; Bush Vows Inquiry Open in a new windowLink Details
- "The Securities and Exchange Commission filed fraud charges against WorldCom yesterday and President Bush vowed to 'hold people accountable' for the bookkeeping scandal at the company, the nation's second-largest long-distance provider and a major ca
- http://www.nytimes.com/2002/06/27/business/27TELE.html

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SEC Statement Concerning WorldCom Open in a new windowLink Details
- "The WorldCom disclosures confirm that accounting improprieties of unprecedented magnitude have been committed in the public markets."
- http://www.sec.gov/news/press/2002-94.htm

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WorldCom 'Must File Report by Monday' Open in a new windowLink Details
- "WorldCom, the disgraced telecommunications giant, has today been told it has until Monday to explain to regulators how it inflated profits by $4bn (£2.5bn)." By Mark Tran. [Guardian]
- http://www.guardian.co.uk/Archive/Article/0,4273,4450411,00.html

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WorldCom Formally Charged with Fraud Open in a new windowLink Details
- "WorldCom today moved closer to bankruptcy as US regulators formally charged the telecoms giant with fraud by inflating its profits through improper accounting." By Mark Tran. [Guardian]
- http://www.guardian.co.uk/worldcom/story/0,12167,744980,00.html

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WorldCom: What the US Papers Say Open in a new windowLink Details
- "Ros Taylor takes a look at how the American media are reacting to the latest corporate scandal to rock the financial markets." Press review. [Guardian]
- http://www.guardian.co.uk/Archive/Article/0,4273,4449838,00.html

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How Auditor Found $4bn Black Hole Open in a new windowLink Details
- "The financial scandal that has enveloped WorldCom, one of America's largest phone companies, was unearthed by an employee running a spot check on the Mississippi-based company's books." By Julian Borger and Richard Wray. [Guardian]
- http://www.guardian.co.uk/Archive/Article/0,4273,4450236,00.html

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WorldCom's $3.8 Billion Scandal Open in a new windowLink Details
- "Telecom sector reels after accounting disclosure." By Shawn Langolis. [CBS Marketwatch]
- http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&guid=%7B8F86BD40%2D3E85%2D424B%2DB34A%2D7D058C3CD76F%7D

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SBC Ameritech Files Complaint Against MCI for Slamming in Illinois Open in a new windowLink Details
- "SBC Ameritech Illinois filed a complaint with the Illinois Commerce Commission calling for an end to alleged deceptive sales and marketing practices, and slamming by WorldCom Inc.'s MCI Group." [SF Gate]
- http://www.sfgate.com/cgi-bin/article.cgi?f=/news/archive/2002/06/27/financial1910EDT0411.DTL

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'World-Con': Massive Accounting Fraud Hits Wall Street Again Open in a new windowLink Details
- "The gargantuan telecommunications firm WorldCom announced on Tuesday that it is restating its financial statements for 2001 and first quarter 2002 because of incorrect capital expenditure accounting." News and reader discussion. [Plastic]
- http://www.plastic.com/article.html?sid=02/06/26/01142537

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