Thomason Tracts

WorldCom finds US$3.3B more in misstated profit S…

August 9, 2002 · Leave a Comment

WorldCom finds US$3.3B more in misstated profit

Scandal-plagued firm may write off US$50.6-billion

Did WorldCom ever make any money at all? Why am I getting a feeling that the only person who ever paid them anything was me on my monthly phone bill? I don’t know what’s worse, finding out that you actually made $3.3 billion less than you thought, or that that’s just a drop in a very large bucket.

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