The WorldCom Scandal

American Voicesbusiness ISSUE 38•28 Aug 7, 2002

WorldCom 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