Word: cooperized
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...Whenever Cooper admits to having had painful moments at WorldCom, she follows the acknowledgment with a big, beaming smile. But when I hand her a picture of Ebbers and Sullivan--her former mentors--holding up their hands to be sworn in before Congress, Cooper's eyes well up with tears. She turns the picture over and says, "I don't ever want to see that again." Friends estimate that Cooper has lost close to 30 lbs. The other day she had to laugh when her skirt nearly fell off while she was talking to a colleague at the office...
...Cooper says, she is encouraged by the changes at her firm. The company has carried out many of her recommendations. And she firmly believes there is a point to all of the loss. "There really is a corporate-governance revolution across the country. Internal-audit departments are going to be taken more seriously," she says, noting that the Sarbanes-Oxley law passed by Congress last July requires all public companies to maintain internal-audit departments. She has received more than 100 letters and e-mails from strangers who want to thank and encourage...
...been personally thanked by a single senior executive at WorldCom, her colleagues say. And there is grumbling that some employees think the company could have borrowed its way out of its problems and avoided bankruptcy if she had stayed quiet. Some people who used to smile and chat with Cooper and her team by the coffee maker don't do that anymore. "What gets me angry is that after all she has done, you would think she would be rewarded," says a friend and colleague at WorldCom. "She went through a battle, one of the biggest battles in corporate America...
...November, WorldCom's new CEO, Michael Capellas, held a rally to try to light a spark in the demoralized WorldCom work force. He called members of his management team onto the stage, and the all-male ensemble sang, "If you're happy and you know it, clap your hands!" Cooper was not there; the rally was in Virginia, and she was back in Mississippi, with her team, watching via webcast...
...company boards on governance and ethics, though CEOs privately chuckle at the thought of opening up to the gimlet-eyed Watkins. The first to speak out, Watkins has had the most time to acclimatize to her strange new existence. Unlike the FBI's Coleen Rowley and WorldCom's Cynthia Cooper, she does not shy away from describing herself as a whistle-blower or suggesting that her gender may have played a role in her decision to act. She alone has been flirting with celebrity, earning up to $25,000 on the speaking circuit and sharing a $500,000 advance...