WorldCom Assignment to be Reviewd
14 pages (3500 words)
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... WorldCom Bankruptcy, causes, effects, and the role of staff and the outcome of the crisis” Explanation: WorldCom bankruptcy caused financial sound waves across Wall Street. I want, through this project, to shed some light onto why this Chapter 11 bankruptcy took place and could it have been avoided? In addition to that, I wanted to understand the repercussion that resulted from this bankruptcy and what happened to the organization after declaring bankruptcy.
Understanding the roles of employees, managers, and senior managers is important in order to get some indications as to how had falsified accounting records that led to WorldCom bankruptcy, the United States largest historical bankruptcy. The ca...