WorldCom files largest bankruptcy ever !!

Megabot · 07-22-2002, 03:13 AM

How the hell can a big company like this get bankrupt?? Who`s next? AT&T look here WorldCom

[ 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

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.

07-22-2002, 03:29 AM	#2
Pangur Ban Avatar Join Date: June 3, 2001 Location: Melbourne, Australia Age: 64 Posts: 569	And the stock market asks, "How many others have been cooking the books?" __________________ Not enough time to care ....

07-22-2002, 04:11 AM	#3
Earthdog Emerald Dragon Join Date: May 1, 2001 Location: melbourne victoria australia Age: 58 Posts: 960	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. __________________ THERE CAN BE ONLY ONE!!!

07-22-2002, 05:26 AM	#4
Downunda Set - Egyptian God of Chaos Join Date: January 7, 2002 Location: Christchurch, New Zealand Age: 45 Posts: 2,975	I wanna know how someone "had incorrectly accounted for $3.9 billion in operating expenses." That's alot of pencil sharpeners __________________ \"Doing stuff is overrated, like Hitler, he did lots of stuff, but doesn\'t everybody wish he\'d just stayed at home and smoked pot?!?\"

07-22-2002, 05:54 AM	#5
K T Ong Symbol of Cyric Join Date: January 27, 2002 Location: Plateau of Singapore Age: 60 Posts: 1,230	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 ] __________________ <br />Look! Everyone\'s admiring me! <img border=\"0\" title=\"\" alt=\"[Big Grin]\" src=\"biggrin.gif\" />

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07-22-2002, 03:13 AM	#1
Megabot Ma'at - Goddess of Truth & Justice Join Date: October 18, 2003 Location: Oslo, Norway. Age: 61 Posts: 3,360	How the hell can a big company like this get bankrupt?? Who`s next? AT&T look here WorldCom [ 07-22-2002, 03:22 AM: Message edited by: Megabot ]

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