MCI WorldCom

Case Study: MCI WorldCom WorldCom has been recognized as one of the global superpowers in the communication industry. However, the past six months have revealed unfavorable truths about the corporation. Similar to Enron, WorldCom has been under scrutiny for faulty bookkeeping that shows more debts than income. The media has been following this story diligently because as the time passes more scandals are being uncovered. Executives are the ones taking the most heat for the …

…scandals that WorldCom participated in have demeaned the company name. Filing bankruptcy will help WorldCom solve some of the troubles they have accumulated. The companies and consumers that have been affected by WorldCom’s misuse of funds will recuperate. Unfortunately, the damage done by the various allegations brought against WorldCom may be too cumbersome for WorldCom to return to the top of the communication industry that they have been the frontrunners of for so long.