Akerson had quit the top job at Nextel after the would-be sale to WorldCom fell through.
Last year felt like a saturation bombing of accounting fiascos, from Enron to WorldCom to Adelphia and more.
If he is the next chief of WorldCom, he will not have that luxury.
The good news is that WorldCom handles much of the world's Internet and voice traffic.
WorldCom became the largest corporate failure in US history when it filed for bankruptcy in July.
Robust reported earnings growth at both Enron and WorldCom was not supported by hard cash.
Then there were the companies that provided the internet's backbone, like MCI and WorldCom.
The complaint was backed by a hundred interviews with former WorldCom employees and related parties.
Max Bobbitt, the former CEO of Asian American Telecommunications, is chairman of WorldCom's audit committee.
The bubble years saw an immense build-out of fiber-optic capacity as telcos new and old--Worldcom!
After all we've witnessed--Enron, WorldCom, the mutual fund scandal--do right-wingers really, truly believe we can self-regulate?
WorldCom, at one time the nation's number-two long-distance phone company, filed for Chapter 11 bankruptcy protection.
Grubman has come under criticism for touting WorldCom while drumming up investment banking for the firm.
The mystery grows out of complaints by WorldCom employees about Salomon's advice on handling stock options.
Then came the accounting frauds at Enron, WorldCom and elsewhere, and the implosion of Andersen.
WorldCom is another big telecoms group, but its problems dwarfed those at Global Crossing.
WorldCom's flamboyant chief executive and founder, Bernie Ebbers, had been forced out in April.
Broadcom, JDS, Uniphase, Sun, Lucent and MCI WorldCom came straight out of Gilder's Telecosm.
Spartis' relations with his employer started to sour in 2000 when WorldCom's stock began falling.
Enron, Aldelphia and WorldCom are extreme examples of companies who cooked the books.
Janzen now runs Williams Communications, launched the day the non-compete agreement with WorldCom expired in 1998.
FORBES: Williams Communications Stares Chapter 11 In The Face
Chanos is most well known for correctly calling the accounting scams behind Enron, Tyco and WorldCom.
If that is indeed a replicable skill, it will come in handy at WorldCom.
WorldCom, forswearing every executive in its industry, seems poised to hire HP's Michael Capellas.
In Ebbers' case, the government's key witness is Scott Sullivan , WorldCom's former chief financial officer.
You thought WorldCom and Tyco were masters at sweeping financial facts under the rug.
Nancy Kaplan of Adventis, a telecoms consultancy, thinks that any attempt to restructure WorldCom will fail.
Consequently the bankruptcies of huge companies such as Enron and WorldCom largely bypassed the small banks.
ECONOMIST: Hard times have been good to America's smaller banks
For major customers, MCI WorldCom has created telephone bridges that will let everyone stay in touch.
Representatives of several companies, including MCI WorldCom and RoadRunner, expressed interest in the clearinghouse.
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