Worldcom Casw

WorldCom Case Study1 By Dennis Moberg (Santa Clara University) and Edward Romar (University of Massachu fit outts-Boston) (The original of this document can be found at the Santa http://www.scu.edu/ethics/ discourse/candc/cases/worldcom.html#one. Clara University website at An update for this case is available at http://www.scu.edu/ethics/dialogue/candc/cases/worldcomupdate.html . Note that this update is not part of the syllabus for the PRM or Associate PRM exam. It is included for reference and explanation only.) 2002 saw an precious number of corporate scandals: Enron, Tyco, Global Crossing. In many ways, WorldCom is righteous another case of failed corporate governance, accounting abuses, and outright greed. barely none of these other companies had senior executives as colorful and openhearted as Bernie Ebbers. A Canadian by birth, the 6 foot, 3 inch former basketball coach and Sunday drill teacher emerged from the collapse of WorldCom not only broke save with a personal net worth as a negative nine-digit number.2 No palace in a gated community, no stable of racehorses or multi-million dollar yacht to show for the telecommunications large he created; only debts and red ink--results some consider requisite given his unflagging enthusiasm and entrepreneurial flair.

There is no question that he did some pretty bad stuff, just now he really wasnt like the corporate villains of his day: Andy Fastow of Enron, Dennis Koslowski of Tyco, or Gary Winnick of Global Crossing.3 Personally, Bernie is a hard guy not to like. In 1998 when Bernie was in the midst of acquiring the telecommunications firm MCI, Reverend Jesse Jackson, public speaking at an all-black college near WorldComs Mississippi headquarters, asked how Ebbers could afford $35 one million million million for MCI but hadnt donated funds to local black students. Businessman LeRoy perambulator Jr., was in the audience at Jacksons speech, and afterwards set him straight. Ebbers had given over $1 million plus piles of information technology to that... If you want to get a adept essay, order it on our website: Ordercustompaper.com

Ordercustompaper.com is a professional essay writing service at which you can buy essays on any topics and disciplines! All custom essays are written by professional writers!