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Aug 11, 2021 · WorldCom had grown throughout the 90's through a series of poorly-managed acquisitions and mergers into a corporation of competing divisions, ...
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MCI, Inc was a telecommunications company. For a time, it was the second-largest long-distance telephone company in the United States, after AT&T. WorldCom ...
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Mar 15, 2005 · The following is a chronology of key events in the history of WorldCom, which changed its name to MCI when it emerged from bankruptcy: 1983 - ...
Nov 1, 2003 · U.S. Bankruptcy Court Judge Arthur Gonzalez in Manhattan approved a restructuring plan that erases $36 billion of WorldCom's $41 billion in debt ...
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During the summer of 2002, WorldCom, once a leading carrier of Internet traffic, filed the largest bankruptcy claim in American history due to accounting errors ...
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WorldCom was a U.S.-based telecom company that underwent one of the largest bankruptcies in U.S. history following a massive spate criminal of accounting ...
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Aug 8, 2002 · Key developments in the history of WorldCom Inc.: • 1983: At a Hattiesburg, Miss., coffee shop, founders Bernie Ebbers, Bill Fields, ...
May 10, 2004 · Citigroup, the world's largest bank, today agreed to pay $2.6bn (£1.4bn) to settle class action suits accusing it of participating in fraud ...
Jul 22, 2002 · The telecommunications company said it will continue to conduct business after filing what is believed to be the largest bankruptcy petition ...
Feb 14, 2024 · WorldCom's strategy was simple: grow by acquiring other companies. From 1986 to 1993, their revenue skyrocketed from $8.6 million to $1.03 ...
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