worldcom

Essay specific features

 

Issue:

Business

 

Written by:

Bruno P

 

Date added:

March 23, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

4 / 1110

 

Was viewed:

7276 times

 

Rating of current essay:

 
Essay content:

Leading up to the telecom bubble WorldCom was a big spender, paying a fortune to control the internet backbone that thought would be so profitable. Doing so required issuing a lot of debt, which eventually cause a lot of problems later on. Despite this debt while other telecoms (especially long-distance carriers) were reporting losses WorldCom kept posting billion dollar profits earning them strong buy ratings by analysts and a "top 50" ranking by Goldman Sachs (Goldman Sachs 2001) As three WorldCom employees eventually proved the profits were fictitious and being widely held only meant that more shareholders would lose their money...
displayed 300 characters

Custom written essay

All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page

Order custom paper

Full essays database

You get access to all the essays and can view as many of them as you like for as little as $28.95/month

Buy database access

Order custom writing paper now!

  • Your research paper is written
    by certified writers
  • Your requirements and targets are
    always met
  • You are able to control the progress
    of your writing assignment
  • You get a chance to become an
    excellent student!

Get a price guote

 
 

Despite this debt while other telecoms (especially long-distance carriers) were reporting losses WorldCom kept posting billion dollar profits earning them strong buy ratings by analysts and a "top 50" ranking by Goldman Sachs (Goldman Sachs 2001) As three WorldCom employees eventually proved the profits were fictitious and being widely held only meant that more shareholders would lose their money...
displayed 300 characters

General issues of this essay:

Related essays:

x
Services