The WorldCom Scandal
0WorldCom falsely accounted for $3.8 billion in expenses, enabling the company to continue reporting profits when it was actually losing money. What do you think?
“Let's not be so quick to judge here. After all, who among us hasn't made an accounting error of $3.8 billion at some point?”
Diane Prince –
Teacher“Well, maybe corporations wouldn't have to lie about their finances if the government didn't force them to pay taxes. Ever think about that, you liberal jerks?”
Cindy Sherfee –
Chiropractor“I like the way they sent their landlord a check made out to the gas company for $3.8 billion and vice-versa. I gotta remember that trick.”
Mick Olberding –
Auto Mechanic“As the CFO of WorldCom, I assure you that I'll have this whole mess cleared up in no time, just as soon as I hit the exacta in the third race at Belmont. Go, Sheba's Dancer! Come on, Sheba's Dancer!”
Scott Sullivan –
CFO“This doesn't really affect me, as I've never heard of WorldCom. Now, if Taco Bell collapsed... shit.”
Dean Young –
Landscaper“If investors divested from every corporation guilty of corruption and fraud, it would only precipitate a deep, years-long recession. It's our patriotic duty to look the other way.”
Tom Dyson –
Systems Analyst
