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-   General Conversation Archives (11/2000 - 01/2005) (http://www.ironworksforum.com/forum/forumdisplay.php?f=28)
-   -   WorldCom files largest bankruptcy ever !! (http://www.ironworksforum.com/forum/showthread.php?t=80369)

Megabot 07-22-2002 03:13 AM

<font color=FFFFFF>How the hell can a big company like this get bankrupt?? Who`s next? AT&T look here WorldCom </font>

[ 07-22-2002, 03:22 AM: Message edited by: Megabot ]

Pangur Ban 07-22-2002 03:29 AM

And the stock market asks, "How many others have been cooking the books?"

Earthdog 07-22-2002 04:11 AM

My brother used to work for them in Texas. I cant say this news surprises me. Their service was crap and its cheaper to use a calling card (by miles) than to use their long distance service. Compare 19c per minute to a $5 calling card that gives 480 minutes minimum. From what Ive heard about the rate of employee theft... not surprising at all.

Downunda 07-22-2002 05:26 AM

I wanna know how someone "had incorrectly accounted for $3.9 billion in operating expenses."

That's alot of pencil sharpeners :D

K T Ong 07-22-2002 05:54 AM

Or a lot of computers and computer accessories!

Hmmm, anyone still wanna be speculators and play with market shares?

[ 07-22-2002, 05:58 AM: Message edited by: K T Ong ]

khazadman 07-22-2002 04:55 PM

Quote:

I wanna know how someone "had incorrectly accounted for $3.9 billion in operating expenses."
the us government has lost 17 billion dollars and no one knows where the hell it went.so it's not just a few companies cooking the books.


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