worldcom in A Sentence
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Great examples were Enron and Worldcom.
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Worldcom and MCI Communications announce a $37 billion merger.
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But you could put your money in Worldcom and lose it all.
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Telecommunications companies MCI Communications and Worldcom complete their $37 billion merger to form MCI Worldcom.
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Enron, Worldcom, and Lehman Brothers are just some well-known examples of bankrupt companies that never came back.
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Worldcom and MCI Communications announced a $37 billion merger, the largest merger in US history up to that time.
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We were in a recession, 9/11 happened, Enron and Worldcom went bankrupt, and I was buying stocks every day based on my software.
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These include the fraud-caused collapses of Enron(2001), Worldcom(2002), and financial giant Lehman Brothers(during the much larger 2008 global financial crisis)- which alone caused the loss of a mind-boggling $691 billion.
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How could I spot a fraud like Enron or Worldcom(or, dare I say it, AOL, which committed the same fraud as Worldcom but it was a different day and age and people ignored it).
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