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Bob Zumbrunnen Member Profile
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Bob Zumbrunnen  Grandfathered Member Friday, 06/28/02 01:30:41 PM
Re: K post# 7
Post # of 18 
http://biz.yahoo.com/rb/020628/worldcom_letter_1.html

Glad that question of mine finally got answered.

Amidst the righteous indignation and outrage, I hadn't heard whether or not the problem was discovered internally or externally. I'm glad to see the problem was found internally and that the company apparently quickly fired the CFO and made the matter public.

It's still a huge deal that might just take out the company, but I don't feel quite as "violated" now that I know the company apparently did the right thing and immediately let everyone know what it'd found.

I'm left wondering who their auditor was, and haven't found it yet. Guess a visit to edgar.com is in order.



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