... legal officer) face continuing investigations by the SEC and the Tyco Corporation which is now operating under Edward Breen and a new board of directors. WorldCom actually admitted to adjusting accounting records to cover its operation costs and present a successful front to shareholders. Nine billion dollars in discrepancies were discovered before the telecom corporation went bankrupt in July of 2002. One of ... affected by the terrorist attacks or the Enron fiasco, but the US economy has actually responded better mainly because of the lower taxes and more flexible with production. "I ...

• Word Count: 2824
• Approx Pages: 11
• Grade Level: High School