Jul 01 WorldCom Intensifies Review of Past Accounting Records WorldCom, which last week admitted to inflating earnings by nearly $4 billion since 2001, said Monday it was reviewing additional financial records for other possible accounting mistakes. Continue reading
Jun 26 WorldCom Admits to Inflating Earnings by Nearly $4 Billion WorldCom, the nation's second-largest long-distance telecom, admitted Tuesday that it overstated its earnings for over a year by $3.8 billion through improper accounting methods. Continue reading