$11 Billion in fraud = 25 years prison

Mike · 07-14-2005, 03:49 PM

WorldCom filed for Chapter 11 bankruptcy protection shortly before all of this was uncovered. He knew his business was going down in flames and he tried to get as much of it as he could and get out of there.

So Worldcom is involved in one of the biggest scandals in telecommunications history, yet ... the next year, they're rewarded by being contracted by the Feds to wire Afghanistan after the fall of the Taliban. ... makes a lot of sense.

07-14-2005, 03:49 PM	#5
Mike Member Join Date: Oct 2004 Posts: 489	WorldCom filed for Chapter 11 bankruptcy protection shortly before all of this was uncovered. He knew his business was going down in flames and he tried to get as much of it as he could and get out of there. So Worldcom is involved in one of the biggest scandals in telecommunications history, yet ... the next year, they're rewarded by being contracted by the Feds to wire Afghanistan after the fall of the Taliban. ... makes a lot of sense.