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Essay

World Com Analysis

Essay specific features

 

Issue:

Business

 

Written by:

Pat W

 

Date added:

May 21, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1301

 

Was viewed:

2855 times

 

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Essay content:

CFO Scott Sullivan, a bright and ambitious man credited as engineering the successful MCI merger, wanted to find quick fixes to the expense to revenue ratio problems. Unfortunately, each action taken ? whether it was the accrual releases or the expense capitalizations ? caused a domino effect and caused the need for more cover-ups of each subsequent action taken...
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Most of the instructions to incorrectly adjust the financial information came directly from Sullivan, Myers and Yates. Lower level employees such as Betty Vinson and Troy Normand were directly pressured from these three individuals to do what they were told and not to ask questions at the risk of losing their jobs...
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