Word: worldcom
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...didn't take long for the FBI to make good on that promise. A week after hauling in Adelphia Communication's frail, white-haired founder, John Rigas, and two of his sons as if they were armed and dangerous, FBI agents gave former WorldCom executives Scott Sullivan and David Myers the same star treatment, parading the handcuffed quarry in an early-morning perp walk and prompting Sullivan's lawyer to complain about "the unfair taint of the current political climate...
...more than 50 specialists in Los Angeles?were required to separate two one-year-old Siamese twins conjoined at the head $30 billion was granted to Brazil by the International Monetary Fund, the agency's largest single loan ever $3.3 billion in additional bogus accounting was uncovered by WorldCom's internal auditors last week, bringing the total to $7.1 billion 44% is how much undergoing regular mammograms can reduce breast cancer deaths, according to a new study 7 is the number of studies reviewed by Danish analysts who claim they have found no evidence to indicate that mammograms are beneficial...
Though he was slated to speak on “Enron, WorldCom and Corporate Fraud Reform,” Rep. Michael A. Capuano (D-Mass.) instead engaged in a lively debate on free trade and political ideology with about 20 students at the Institute of Politics on Monday...
State Republican Party leaders and White House officials have in recent weeks sought to deflect political fallout from the controversy surrounding the collapse of Enron and WorldCom and the rash of high profile earnings restatements. Several have argued that problems with lax oversight began during the Clinton administration, pointing out that many of Enron’s questionable deals occurred during the 1990s...
...Even as WorldCom's future kept looking rosier to Grubman (see chart), its balance sheet, its "now," was imploding. At the end of 1999, the company claimed $10.3 billion in current assets and $30.3 billion in current liabilities and long-term debt. By year-end 2001, current assets had shrunk to $9.2 billion, while current and long-term debt had swollen to $39.2 billion. Graham liked companies whose current assets were at least twice their current liabilities. This measure, called the current ratio, tells you the working-capital cushion a company has at its disposal. Graham also believed that long...