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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 (176865)	7/2/2002 6:19:43 AM
From: Giordano Bruno	Respond to of 436258

WorldCom Angers Regulators As Accounting Scandal Widens ...Monday, the company said in a statement that it had uncovered what could be additional accounting problems. These could add at least another $1 billion to the company's financial revisions, people familiar with the matter said. "WorldCom's statement is wholly inadequate and incomplete," Mr. Pitt said. "It demonstrates a lack of commitment to full disclosure to investors and less than full cooperation with the SEC." The SEC has brought a civil fraud suit against WorldCom. WorldCom fired back, saying it was "very surprised" by Mr. Pitt's comments. "Our response was entirely in line and is in fact a summary of what we know at this point." Mr. Ebbers couldn't be reached for comment Monday. But in church Sunday morning in Brookhaven, Miss., he told his congregation that "no one will find me to have knowingly committed fraud." Lol, tell it to Beelzebub Bernard. online.wsj.com