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Essay

WorldCom's Fraudulent Fallout

Essay specific features

 

Issue:

Business

 

Written by:

Roselee F

 

Date added:

June 26, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

8 / 2101

 

Was viewed:

5833 times

 

Rating of current essay:

 
Essay content:

The company began acquiring small telecommunications firms and grew larger and larger. By 1995, WorldCom was one of the largest long distance providers in the world. As time progressed they acquired more then sixty companies, including MCI. The MCI take-over in 1997 cost over thirty-seven billion dollars, and at the time it was considered the largest merger in American history...
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After the MCI deal WorldCom became the second largest Telecommunications Company in the United States. They owned one-third of the data cables and were handling over fifty percent of all internet traffic in the United States. The growth of WorldCom was amazing, and they were the talk of Wall Street for many years...
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General issues of this essay:
1999 DBQ 1999 dbq How a small idea become a huge business THE HUGE PICTURE HARLEY DAVIDSON Why Has The Internet Had A Greater Impact On Some Firms And Industries Than Others? What Does It Mean For Banks? WorldCom's Fraudulent Fallout Fraudulent Activity in Baseball History Huge Franciscus Parenting is a huge responsibility preventing and detecting fraudulent financial statement THE NATURALLY OCCURRING STANDARD The Universal Commercial Code, Banks, and Fraudulent Activity How Has the Internet Changed the Music and Movie Industries My huge mistake: West Point Fraudulent Actions through Online Banking
 

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