WorldCOM the next Enron
 

hmm uunet bandwidth @ cogent prices ;) hmm

cogent is 30 bucks a meg. where u get uunet for 30 bucks a meg? ;)

FUCK! :Graucho :thumbsup :ak47:

Arthur Anderson was the auditing company for Worldcom, just like it was for Enron too.

I have watched all of the Enron and Arthur Anderson hearings and I remember one Senator's pondering question.

He said that he didn't think that Enron and Anderson were unique in the schemes they were using. He was concerned about how many other major companies and accounting firms were running similar schemes and suggested that all of them should be investigated now, before further frauds come to light, with the collapse of a company.

Right when our moms & dads start to retire, the stock market destroys their investments. This is truly fucked up.

We probably have not seen the middle of this meltdown.

The other shoe waiting to drop is the real estate market.

Based upon MCI's sales tactics, it doesn't surprise me. Good fucking riddens.

man, that company is seriously fucked now.

Just saw a thing on E! that said an upcoming issue of Playboy is going to feature "Women of Enron" !!!

That should be hilarious. The couple babes they showed were pretty hot.

All telecoms must die...or give me my money back. If you want a hoot, check the price of WWCA. It was at $52 when I quit my job there and cashed out...hehehehe. AWE, however, ate it all and then some.

Worldcom is fucked, and so is anyone who own the stock.

If the telecoms keep dropping then networking companys will drop even more.