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Non-Tech : The ENRON Scandal

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To: Mephisto who started this subject	9/20/2002 11:38:49 PM
From: Mephisto	of 5185

Report: WorldCom Scam Could Total $2B Thu Sep 19, 3:19 PM ET The following is an excerpt: CLINTON, Miss. (AP) -" The WorldCom Inc. accounting scandal could soon reach $9 billion. The bankrupt telecommunications company is preparing to revise its past financial results yet again, this time by $2 billion, The Wall Street Journal reported Thursday, quoting unidentified sources. WorldCom officials were expected to disclose the new findings in a filing with the Securities and Exchange Commission ( news - web sites) on Friday, the Journal said. WorldCom spokeswoman Julie Moore would not comment. The company indicated earlier this summer it planned a restatement." story.news.yahoo.com

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