Directory of MCI WorldCom Resources

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Sites about alleged unethical or illegal conduct by telecommunications company MCI/WorldCom.

Resources in This Category

• "You Have No Idea the Evil We Do" - MCI Insiders Break Their Silence

  http://www.theregister.co.uk/2002/06/28/you_have_no_idea/
  Stories of "modern call center hell" submitted by MCI staffers. By Andrew Orlowski. [Register]

• Bernie Ebbers pleads not guilty to fraud

  http://news.bbc.co.uk/1/hi/business/3530021.stm
  The former chief executive of Worldcom is charged with fraud, conspiracy and making false statements regarding the company's finances.[BBC]

• Gloom at WorldCom Centre

  http://news.bbc.co.uk/1/hi/business/2073645.stm
  "WorldCom's employees are feeling betrayed and bitter." By Nick Childs. [BBC News]

• How Auditor Found $4bn Black Hole

  http://www.theguardian.com/business/2002/jun/28/corporatefraud.worldcom
  "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]

• Internet Fears over WorldCom Scandal

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

• MCI Paralyzes US Reg Bureau

  http://www.theregister.co.uk/2002/05/22/mci_paralyzes_us_reg_bureau/
  The Register falls victim to MCI "random billing". By Andrew Orlowski. [Register]

• SEC Charges WorldCom’s Former CFO with Financial Fraud

  http://www.sec.gov/news/press/2004-25.htm
  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]

• SEC Statement Concerning WorldCom

  http://www.sec.gov/news/press/2002-94.htm
  "The WorldCom disclosures confirm that accounting improprieties of unprecedented magnitude have been committed in the public markets."

• Spotlight on: SEC v. WorldCom

  http://www.sec.gov/spotlight/worldcom.htm
  Provides links to SEC and court documents regarding the WorldCom case.

• Who Watches the Watchers?

  http://news.bbc.co.uk/1/hi/business/2070308.stm
  "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]

• WorldCom 'Must File Report by Monday'

  http://www.theguardian.com/business/2002/jun/28/corporatefraud.worldcom3
  "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]

• WorldCom Facing Charges of Fraud; Bush Vows Inquiry

  http://www.nytimes.com/2002/06/27/business/27TELE.html
  "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 carrier of Internet traffic." By Simon Romero. [New York Times] [Free subscription required.]

• WorldCom Formally Charged with Fraud

  http://www.theguardian.com/business/2002/jun/27/corporatefraud.worldcom4
  "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]

• WorldCom Staff Brace for Cuts

  http://news.bbc.co.uk/1/hi/business/2071694.stm
  "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]

• WorldCom: What the US Papers Say

  http://www.theguardian.com/business/2002/jun/27/corporatefraud.worldcom5
  "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]

 

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