Worldcom Meltdown

Good Morning. On August 1, 2002 two men were indicted in a Federal Court House. These men aren't violent criminals, but they both face up to 25 years in prison. The two defendants hid a huge company's 41 billion dollars in debt from millions of investors and from the Securities and Exchange Commission. They caused a huge company to fall where it stood. If the woes of a bad economy weren't enough, large corporations are being cited for false and misleading accounting; the biggest and most extravagant being corporate telecom giant, WorldCom.
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