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Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: Box-By-The-Riviera™ who wrote (175288)	6/25/2002 8:01:24 PM
From: Lucretius	Respond to of 436258

yikes

To: Box-By-The-Riviera™ who wrote (175288)	6/25/2002 9:43:24 PM
From: stomper	Read Replies (3) \| Respond to of 436258

Now that is really pornographic! Ebbers should be butt-plugged till he's crapping out of his tear ducts. Man, it's a freaking bear-orgy out there tonight...where the hell is my camera? -g- -dave

To: Box-By-The-Riviera™ who wrote (175288)	6/25/2002 10:38:10 PM
From: oldirtybastard	Read Replies (3) \| Respond to of 436258

ok, when is T's turn? or is their management too incompetent to even succeed at fraud temporarily?

To: Box-By-The-Riviera™ who wrote (175288)	6/26/2002 7:08:28 AM
From: J. P.	Read Replies (1) \| Respond to of 436258

Yea, but there is never jail time. Where is Ken Lay? Probably sunning his fat rolls down in Barbados. How about Andrew Fastow? He's probably jetting into Pebble Beach to play the Spyglass Hill course. Meanwhile our prisons are full of people who robbed the 7-11 or the corner gas station for 50 bucks. A double standard, steal a billion and go free, steal a few bucks and your busted. Who is minding the store in the United States of America? This country is corrupt down to it's very core and I include Congress, Senate, Corporate Management, and the regulators who are either too inept or too powerless to do a thing about it. Did anyone see PBS Frontline about the Enron scandal, I was pissed off after I saw that.

To: Box-By-The-Riviera™ who wrote (175288)	6/26/2002 7:25:33 AM
From: Giordano Bruno	Read Replies (2) \| Respond to of 436258

"Oh, what a tangled web we weave, When first we practice to deceive." - Sheriff Andy Griffith Feb. 8, 2002: WorldCom cuts 2002 revenue and earnings projections and announces second-quarter charge of $15 billion to $20 billion to write down some acquired operations. CEO Bernard Ebbers owes his company $366 million to cover loans he took out to buy his own shares. Feb. 15, 2002: WorldCom suspends three star employees and freezes the commissions of at least 12 salespeople over an order-booking scandal in three of its branch offices. March 12, 2002: The SEC launches inquiries into WorldCom's accounting practices, on the heels of Enron scandals and Global Crossing's bankruptcy filing. April 3, 2002: WorldCom plans to lay off as much as 10% of its 75,000 work force. April 22, 2002: WorldCom slashes at least $1 billion from its revenue projections for 2002. April 24, 2002: WorldCom debt is downgraded by Moody's and Fitch April 30, 2002: Bernard J. Ebbers resigns as chief executive of WorldCom. May 9, 2002: Moody's and Fitch each slash WorldCom's debt three notches, to "junk" status, pushing shares to a new low. May 21, 2002: WorldCom eliminates its MCI Group tracking stock, hoping to save money that would have gone to dividends. June 5, 2002: WorldCom announces plans to cut up to 20% of its work force in a restructuring that would involve selling its wireless unit. June 20, 2002: WorldCom says it will defer interest payments on some preferred securities of MCI Group, to conserve cash. June 24, 2002: WorldCom shares fall below $1 after analyst Jack Grubman issues a negative report about the telecom's finances. June 25, 2002: WorldCom unveils massive corporate fraud, with $3.8 billion in expenses that were improperly booked as capital expenditures. art.com