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Tuesday, November 5, 2002 |
WorldCom black hole even more massive
An initial court-ordered report into the rise and fall of WorldCom Inc has detailed a corporate culture that was focused on meeting analysts' expectations at all costs and warned that further massive restatements of the company's previous financial results may be necessary...more [The Register]
The continuing growth of this scandal will join Enron as one of the largest money grabs ever. So what does GW have to say about this, very little. His own Vice President is knee deep in it with Haliburton. They have so many ties to the people involved in these corporate acts of piracy, that they can only hope it will die down and go away. If the Republicans succeed in grabbing control of all three branches, you can be sure we will see these things brushed under the table. Our next hope is to get this group of crooks and thieves out of the Whitehouse in 2004. I voted today, did you?...mj
3:15:05 PM
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