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WorldCom's Fraud Raised from $11 Billion to $74 Billion

not to worry. MCI formerly Worldcom will have the BEST balance sheet (of any telecom) and little debt once the gov't allows it to emerges from bankruptcy. Gotta love it when huge corporations can stick it to their creditors, customers and investors while Congress wants to crack down on personal but not corporate bankruptcies.
Bankruptcy 'reform' could punish elderly
rolleye.gif
 
Originally posted by: SuperTool
Did Bush return any money he raised from Ken Lay and Ebbers?

Did the Democrats or Clinton? Or any politician? What about Globabl Crossing, Xerox, or the other ~17 companies?

Remember they started cooking the books well before Bush took office, they only got caught under Bush. Im not saying it was because of Bush, because it wasn't. They got caught because they got to greedy and went well beyond what could be covered up.
 
Originally posted by: digitalsm
Originally posted by: SuperTool
Did Bush return any money he raised from Ken Lay and Ebbers?

Did the Democrats or Clinton? Or any politician? What about Globabl Crossing, Xerox, or the other ~17 companies?

Remember they started cooking the books well before Bush took office, they only got caught under Bush. Im not saying it was because of Bush, because it wasn't. They got caught because they got to greedy and went well beyond what could be covered up.

Bush and Cheney WERE one of those allegedly guys cooking their books, and they were best buddies with Kenneth Lay. These people probably have done alot worse things than Martha Stewart, only they have big time political and financial connections. It pays to be rich, white and being part of the Good ole` boys network.

SEC investigation
 
Originally posted by: sMiLeYz
Originally posted by: digitalsm
Originally posted by: SuperTool
Did Bush return any money he raised from Ken Lay and Ebbers?

Did the Democrats or Clinton? Or any politician? What about Globabl Crossing, Xerox, or the other ~17 companies?

Remember they started cooking the books well before Bush took office, they only got caught under Bush. Im not saying it was because of Bush, because it wasn't. They got caught because they got to greedy and went well beyond what could be covered up.

Bush and Cheney WERE one of those allegedly guys cooking their books, and they were best buddies with Kenneth Lay. These people probably have done alot worse things than Martha Stewart, only they have big time political and financial connections. It pays to be rich, white and being part of the Good ole` boys network.

SEC investigation

Wow, an 18 month old article that has absolutely nothing to do with MCI/Worldcom. Congratulations for staying on topic genius!

 
Originally posted by: chowderhead
not to worry. MCI formerly Worldcom will have the BEST balance sheet (of any telecom) and little debt once the gov't allows it to emerges from bankruptcy. Gotta love it when huge corporations can stick it to their creditors, customers and investors while Congress wants to crack down on personal but not corporate bankruptcies.
Bankruptcy 'reform' could punish elderly
rolleye.gif

It's better than forcing a company with valuable assets from being forced to go out of business, thereby putting tens (if not hundreds) of thousands of people out of work.
 
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