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Worldcom: From the Inside
'Today is the worst day of my professional life'
by Karl Bode Friday 28-Jun-2002 tags: business · trouble
DotCom Scoop has some of the better Worldcom coverage out there, from common sense explanations of the financial terminology, to several accounts from Worldcom employees who witnessed the chaos from the inside. DotCom Scoop has gone so far as to dedicate a blog to the progressing story. During an internal conference call, one VP noted that because of national security issues he believed the company would not fail. That assumption existing because WorldCom owns UUNET, which is the backbone for a tremendous chunk of internet traffic.

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kcttocs
Iphone junkie
Premium
join:2002-03-07
Missouri
Reviews:
·AT&T U-Verse

330 WorldCom employees laid off in Tulsa

Tiss a sad day for real.
»www.kotv.com/pages/viewpage.asp?id=33005
For a town like Tulsa that is alot of people being laid off. Glad I am not one of their employees.
Good luck!

BigDaddy05

@170.148.x.x

Re: 330 WorldCom employees laid off in Tulsa

Just like usual, the workers (mostly good ones normally) get let go while the big cats (save a couple, thankfully, this time) stay to prepare the big payouts for themselves.

There should be a rule that if a company has a layoff (any layoff, including higher than normal numbers of terminations for cause), the management may not receive:
* any options (current or deferred)
* bonuses
* benefits not available to the lowest paid full time employee
* any severance package must match the lowest given to any relieved workers
* management's salaries should be reduced to no more than 4 times the salary of the lowest paid employee (current or released)
* management must move from their office to the cubes of one of the released workers. No changes to any of the cubes is allowed.

These limitations must last for a minimum of 5 years after the last of the released employees are hired at a new job that is no worse than the one the were relieved from. And there must not be any actions that in any way return the lost wages, benefits, etc. that this rule causes management to have. At the expiration of this waiting period and for 5 years after, they are limited to receiving no more than were receiving when these limitations were applied. These limitations apply to the management that was active when the reduction happened as well as to any added during the restriction period.

Put these rules into affect and see just how few of these “rightsizing” actions are really necessary.
moonpuppy

join:2000-08-21
Glen Burnie, MD

Re: 330 WorldCom employees laid off in Tulsa

Didn't the SEC file fraud charges? Doesn't this prevent all the top brass at Worldcom from receiving any golden parachutes or special bonuses? If this is the case, then I think every one of those on the board be immediately investigated and arrested. Sell their mansions, cars, vacation homes, etc. Put all that money back for the employees.

lowkey7

join:2001-05-13
Claremore, OK
My wife works over there, and luckily she has been spared - for now. The problems that I have with the news reports is that, at least what I have been told by those that I know over there, is that the layoffs have nothing directly to do with the announcement made about the misappropriation of ~$4,000,000,000 in debt. Heck, my wife has been talking about the layoffs that happened on Friday for weeks. Unfortunately, the news bimbos camped outside the Cherokee facility cannot - or will not - separate the two.

BrianDamage
We Are The Hounds From Hell
Premium
join:2001-08-14
Rowlett, TX

Unfriggin' believable

As I follow all this, and more to more come to light, I can only speculate that Ebbers and Sullivan knew all the time what they were doing, knew best how to cover it up, and were relentless in the effort to shift responsibility, as well as hide everything from the SEC, investors, and their own employees.
It was a very tight knit conspiracy, behind closed doors.
Now, Sigemore is in there, taking all the heat, and I'm not convinced that he really even knew thing about what was going on. I think that Ebbers and Sullivan were the only ones who really knew the extent of the conspiracy.
Now they have this dumb b@astard Sigemore trying to clean up the mess, and writes a brown-nosing, poorly constructed letter to the President of the United States, which incidentally, had an improper address to George W.
It has always been standard fare to address the President in written form as:
"Dear Mr. President, Your Honor, Sir," not "Mr. President".
Moron.
Aurthur Anderson was also WCOM's auditors during the periods in question.
It also seems to show how willing Andersen has been to doctor books, and/or play along with accounting malpractices and moral/ethical violations.
Thousands of people have lost their livelihoods thanks to the likes of Ebbers, Lay, etc., and if the Justice Department and the government agencies responsible for investigating these crimes and prosecuting the offenders don't step up and do just that, instead of looking the other way, then we may just have a real eco-political revolution in this country.
People I talk to regarding these things are so angry that I could see their heads exploding.
I am pretty fed up with all of this myself.
The political atmosphere in this country is quickly driving us down a road of self-destruction.
I'm sure Osama couldn't be happier.
Our own society is accomplishing his goals for itself, without any terrorist effort.
It's a terrible thing to watch. When is enough enough?
--
We've got our eye on the firmaments, our hand on the armaments, our heads full of arguments, and words for our monuments.....

Jim Gurd
Premium
join:2000-07-08
Plymouth, MI

Re: Unfriggin' believable

said by BrianDamage:
I think that Ebbers and Sullivan were the only ones who really knew the extent of the conspiracy.
Now they have this dumb b@astard Sigemore trying to clean up the mess, and writes a brown-nosing, poorly constructed letter to the President of the United States, which incidentally, had an improper address to George W.
It has always been standard fare to address the President in written form as:
"Dear Mr. President, Your Honor, Sir," not "Mr. President".


I agree about Ebbers and Sullivan being the guilty ones, but you are being too hard on Sidgmore. He is just trying to clean up the mess those two left behind. Don't forget that it was under his leadership that the accounting fraud was uncovered. He's doing his best under very difficult circumstances. Remember, he and Bert Roberts are old MCI employees, not originally part of Worldcom.

Regarding how his letter was addressed, I checked the Worldcom website and the transcript has the greeting as "Dear Mr. President". I see nothing wrong or disrespectful with that.
[text was edited by author 2002-06-28 18:14:43]

BrianDamage
We Are The Hounds From Hell
Premium
join:2001-08-14
Rowlett, TX

Re: Unfriggin' believable

It has always been standard procedure to address the President, a Senator, Congressman, or Justice with
Dear Mr./Mrs. xxx, Your Honor, Sir/Ma'am (to be politically gender specific and correct).
Also, I am not trying to be "hard" on Sigemore.
I said that he was a clueless individual in terms of the conspiracy, not in terms of his leadership abilities.
It just so happens that he also doesn't know how to compose a proper letter to an elected official.
Anyhoo, it was not anything "under his leadership" that exposed this fraud-it was an impending SEC investigation and an already underway criminal investigation that warranted the "public discovery" of criminal negligence.
The damage has been done. Thousands will suffer as a result of this.
Trickle-down economics dictates that other carriers, customers, providers, banks, and other entities will suffer along with it.
Consumers will feel this, especially if UUNET can't come out of this, and other providers dependent on WCOM backbone will fail because of all of this.
Think of all the dark fiber already in the ground globally. That dark fiber "capacity" is going too increase exponentially if something drastic is not done to stop the unfolding events.
I'm not saying that these clowns should be spared punishment for what they have perpetrated, but on the contrary.
But, if business is continually allowed to do business as they do, then our economy and country is going to reach a point of no return, and everyone's standard of living and ideals of American life are going to fade as distant memories, and socio-economic strife not seen since 1929-1930 will follow.
This madness has to stop NOW.
--
We've got our eye on the firmaments, our hand on the armaments, our heads full of arguments, and words for our monuments.....

spenster

join:2001-04-03
Houston, TX

Re: Unfriggin' believable

quote:
Also, I am not trying to be "hard" on Sigemore.
Really? Kinda hard to tell when you call someone a "dumb b@astard" and "Moron".

And another thing, where did you get this crap about John Sidgmore not addressing the President correctly? I also checked the Worldcom site for the letter like jimgurd and saw him address the President as "Dear Mr. President:"

How about giving the guy a break? He's taking on a very tough job right now and he at least had the guts to come out with this information rather than covering it up like his predecessors.

Hooba

@lib.co.us

Re: Unfriggin' believable

Braindamage likes to use the word dumb and stupid a lot. Braindamage posted that he would still work at Rhythms if he could. I'm sure Braindamage would be a manager or Director at that place by now. Then he could have given himself a fat severance package like the other losers at that place got the day before they folded.

BrianDamage
We Are The Hounds From Hell
Premium
join:2001-08-14
Rowlett, TX

Re: Unfriggin' believable

Don't attempt to quote me, troll.
I never said that I would still work at Rhythms if I could, nor did I say that I was still a police officer.
I can see why YOU were fired...no attention to detail.
It's probably not the first job you've ever been fired from, either.
I have fired knuckleheads just like you.
You have not a clue to my thoughts or feelings, so don't try to elaborate on them, because you are not even bright enough to understand my points.
--
We've got our eye on the firmaments, our hand on the armaments, our heads full of arguments, and words for our monuments.....

BrianDamage
We Are The Hounds From Hell
Premium
join:2001-08-14
Rowlett, TX

Re: Unfriggin' believable

What are you anyway, some kind of self-proclaimed expert?
First, you claim to know all about Rhythms. Now it's WCOM.
I have worked for both.
I was with MCI for 3 years before WCOM and 1 year after.
You think you know a lot more than you do.
You know a lot less than you think.
Quit trolling around here and get a friggin' life, for chrissakes.
--
We've got our eye on the firmaments, our hand on the armaments, our heads full of arguments, and words for our monuments.....

Hooba

@lib.co.us
You typing proves my point. You did mention awhile back that you would have stayed at Rhythms if you had work to do. You had trouble believing that Rhythms was doing anything wrong until they kicked you out the door and gave you a pathetic severance package.

You could never fire me because I own my own business. I never said you were still a police officer. I am using sarcasm when I address you as officer Braindamage. Duh! You seem to have a lot of anger and I'm very surprised Rhythms let you go because they allegedly loved angry and abusive people who lied. Why were you not part of the Rhythms golden 250? You should read your posts because, until Rhythms gave you your severance package, you thought they were the best company in the world.

You can't scream at me in person so you type in big letters and all caps. Wow...how impressive. You are the worst kind of former cop. Were you easy to pay off when you allegedly involved in law enforcement officer Braindamage? Is "troll" your favorite word? I suggest people read all your posts about Rhythms before they failed.

I would rather be "fired" then ever commit a crime for scum like you or anybody else. Funny, but I would not need to fire you (I own my own business) because I would never hire you in the first place. You get all your info third and fourth hand and you seem have a seething anger that you use against people that are around you. Was anger a reason you left the force Braindamage? You claim to know much about me yet you have never met me in person. Do your masters and people who sign your checks tell you how to think and what to observe Braindamage?

Hooba

@lib.co.us

Re: Unfriggin' believable

I suggest you return to police work again Braindamage. That way you can force people to sit in the puke that seems to dribble from your mouth. It cracks me up when people tell me to get a life while they stay on the these boards for years at a time and play the dumb and dumber game. I have always had a life and I never lie for a paycheck or for friends. Have a nice day officer Braindamage.

BrianDamage
We Are The Hounds From Hell
Premium
join:2001-08-14
Rowlett, TX

Re: Unfriggin' believable

You have a nice day, too.
Idiot.

BrianDamage
We Are The Hounds From Hell
Premium
join:2001-08-14
Rowlett, TX
I never used all caps with you.
But, you are an idiot.
Own your own business my ass.
You probably work at Jack-n-the-Box now that Rhythms fired you.
Moron.
--
We've got our eye on the firmaments, our hand on the armaments, our heads full of arguments, and words for our monuments.....

Hooba

@lib.co.us

Corporate Culture

Officer Braindamage...I'm not sure how new you are to this game but it was not just a few at the top that ruined WCOM. HR departments were in on it. Supervisors were only promoted to managers if they weeded out, demoted, or fired honest people. You claim to be a former peace officer so you really should read how organized white-collar crime works. Also, get a hold of the 17 Truth Supression Methods governments, military, and corporations use. You may want to read a article in Gear magazine from a inmate at Supermax. The inmate writes about how the new inmates that come in fight with words and treachery much more than their fists. WCOM "locked-in" supervisors by paying them hush money. The more they kept quiet the fatter their paycheck. Decision makers played on greed and had a endless supply of people willing to be dishonest for more money. The people at the top made big bucks but others made a lot of cash too.

WCOM failing does not effect me because they never earned my business in the first place. People get way they deserve and the current SEC Comish Harvey Pitt has been very aggressive in his first 10 months. I'm curious if you had voted for Bill Clinton in the last election? Unless honest employees take these clowns to court and make a daily log of what they witness at these corporations then nothing will happen. Do you keep a daily log or do you just make this stuff up?

saber11
Check Six
Premium
join:2000-06-09
Clayton, OH

It happened to me

I was one of the loyal Worldcom Employees let go today. What the one article said was true, we really haven't had any work for the past two months, actually make that six.

I don't blame the current management, I think they are trying to save a sinking ship.

I blame the previous management. If there is a class action lawsuit against those clowns, count me in. Scott Sullivan, and Bernie Ebbers should be sued. Any attorney's want to represent 17,000 cogs in the wheel against fraud from those two jokers?

Anyway torpedo Worldcom and put it out of it's misery.
--
---"Gadget Bent"---
dbarc

join:2000-01-22
Fort Wayne, IN

That one VP may be very surprised....

That VP who said because of national security Worldcom wouldn't be permitted to fail. I have a feeling he should be one of the first out the door. He obviously doesn't have a clue.

I agree, UUNET will continue to operate should (likely) Worldcom end up in bankruptcy, just like the other parts of Worldcom will continue to operate. That fact that the government may use certain Worldcom assets has nothing to do as to whether the company will fold... they'd simply have the ability to exclude purchasers (such as foreign companies) to purchase certain assets which the government uses. (Though I'm sure any government branch is looking to see what alternatives they have available.) While the UUNET backbone may be considered critical infrastructure for commerce, IMHO, that only increases the chance the government would hope it would be sold as quickly as possible to a more stable entity.

Other than that, I don't see the company surviving intact at all unless there's a miracle in place, and it isn't called Uncle Sam. The UUNET and MFS assets can probably bring a pretty penny. MCI is in the dumps like the rest of the long distance carriers...who'd want to buy that and what creditor would want to recapitalize and restructure debt on that segment. Banks may not force the company into bankruptcy, as they'd be subordinate to the bondholders on their unsecured loans, something they don't want. But with the likely impending lawsuits, I see that happening sooner rather than later, even though the company has a fair amount of cash on hand. Even if the banks would consider restructuring loans using secured assets, those wouldn't be above legal judgments. And with the reports of the huge losses from pension plans alone, I'm guessing some of these suits are going to be looking for very lofty sums.

Actually, I'd like to see the new guy in place attempt to salvage it, but it may take the bankruptcy just to clear the decks and get assets liability-free so others would even be willing to purchase the pieces.

..standard 'I am not a lawyer' applicable. I don't even play one on TV... just my opinion.
Celicaguy2

join:2001-05-14
Kansas City, MO

How do you think this will affect Sprint? others?

I feel sorry for all the Worldcom employees. I hope you find some work ASAP!!! =(

I work for Sprint which less than two years ago was trying to merge with Worldcom. Back then, Bill Esrey (CEO of Sprint) was making lots of noise about the merger saying that it was going to be the best thing to happen to our company since the 1986 Fiber Optic network was laid out. I'm now wondering if Mr. Esrey knew anything about the conspiracy over at Worldcom?

I do know that his pocketbook was about to be filled quite generously from his premium stock buyout! The day after the Worldcom story broke loose, he wrote a mass email to the employees saying that our accounting practices are ethical and in full compliance and that we have absolutely no SEC investigations. He also went on to say that anything less than legitimate is unacceptable and that all accounting practices within Sprint are failsafe, segregated, and have unique compliance checkpoints to uncover fraud. He also went on to say that they are audited by an outside firm to check for total compliance.

It made me feel more confident about the ethics of Sprint, but I'm wondering if this Worldcom disaster is going to cause a ripple effect in the Telecom sector again. I also noticed that faith in our stock is slipping again as I think the current price for FON is 9.XX and PCS is 4.xx.....gone are the glory days of the 150.00 milestone. **sigh**

cmcgilton

join:2001-03-14
Stow, OH

The Shakeout/Shakedown Isn't Over By Any Means

It's only the continuation of changes in the industry. Bank on more to come, unfortunately.

FLea973
Premium
join:2001-02-27
Morristown, NJ

Re: How do you think this will affect Sprint? others?

said by Celicaguy2:
He also went on to say that they are audited by an outside firm to check for total compliance.
Don't forget, Enron, Worldcom and Adelphia were/are also "audited by an outside firm" - and only two of them used Andersen....
wth
Premium
join:2002-02-20
Iowa City,IA
Reviews:
·Mediacom

WorldCom layoffs 150+ in Iowa

This story was printed from Gazette Online
»www.gazetteonline.com
------------------------------------------------------------

WorldCom layoffs hit home

By Dave DeWitte and James Q. Lynch
The Gazette
Friday, June 28, 2002, 4:36:43 PM

The fallout of WorldCom's financial woes hit home Friday, as more than 100 employees were given their walking papers at operations in Cedar Rapids and Iowa City.
Employees were called into meetings shortly after arriving for work Friday. By 9:30 a.m., a trickle of laid off workers exited the offices of WorldCom and its MCI units, some of them still unsure why their jobs were singled out.

WorldCom said 100 positions were eliminated at its various WorldCom and MCI operations in Cedar Rapids and up to five positions were eliminated from a MCI call center in Iowa City. Another 35 positions were cut in Sergeant Bluff, where the company employed 1,200. Fifteen were in Davenport, where 230 were employed.

"Everyone has been so stressed out for the last couple of months they don't have the energy to care today," said Gamaliel Thomas of Iowa City, who lost his job as a network engineer at WorldCom's downtown Cedar Rapids tower.

Thomas said he was not bitter as he carried a box of personal items to his car.

WorldCom dropped the bombshell Tuesday that it had misreported almost $4 billion in ordinary expenses as capital expenses, artificially inflating the company's earnings. Company spokesmen insisted the announcement was unrelated to Friday's layoffs, which had already been in the works. Some employees felt Tuesday's revelations will mean more layoffs to come.

"The people who are still there are not sure if they're lucky or not," said one terminated employee of MCI World Markets in the Armstrong Centre, Cedar Rapids. "We got severance. The next round of layoffs may not."

The employee declined to give her name, fearing WorldCom might withhold her severance benefits.

The local cutbacks were achieved in four areas: Technology, discontinued operations, contract employees, and the non-replacement of employees leaving of their own accord. The company would not elaborate, but said the cutbacks would not affect service to customers.

WorldCom has announced plans to lay off over 20 percent of its global work force, about 17,000 people. The 150 layoffs in Iowa were only 3.5 percent of the company's total Iowa work force of 4,300.

Iowa Gov. Tom Vilsack pledged state assistance to WorldCom's laid-off employees, and U.S. Sen. Charles Grassley asked the U.S. Department of Labor to provide assistance.

The governor's office had discussed with Workforce Development a worst-case scenario for WorldCom layoffs, said Ted Harms, head of the department's Dislocated Workers Unit. He said the layoffs were not as deep as feared.

Finding new jobs in the weak telecommunications employment market won't be easy, according to local employment services.

"It's going to be a little tight," said Lisa Griffin, manager of Manpower's Cedar Rapids branch. She said former WorldCom employees may have to change careers or take temporary employment until they can find something in telecommunications.

Several MCI and WorldCom employees said they liked working at the company, and would hate to leave the area.

"I'll look here, at ACT and some of the independent consulting firms," said Thomas, the network engineer. "Or maybe I'll be working double shifts at Target."

Others were more confident.

"I'm not worried," said Devin Miller, a former WorldCom test engineer in Cedar Rapids. After being terminated Friday morning, he loaded up his SUV to go golfing.

Married with a daughter, a new house and a new car, Miller had already begun searching for jobs on a Internet job board Thursday night.

"I think I'm highly-employable," Miller said. "I'm 30 years old, I'm an electrical engineer and I have 13 years in the military."

Miller described the severance package as having a minimum of eight weeks' pay, and said it should be enough to tide his family over until he finds a new job.

Terminated employees seemed to accept that WorldCom's mounting financial woes made layoffs necessary. Several felt WorldCom executives shoulder some of the blame, however.

"I wholeheartedly believe it is something (former WorldCom CEO) Bernie Ebbers is at least partially responsible for," said a terminated employee as she left the Armstrong Centre. "I don't think he was the right guy to be running the company. He did not seem to respect the employees or keep them informed."

The former MCI employee said Ebbers seemed to grow the business too quickly. She praised replacement CEO John Sidgmore, saying he has tried to keep employees informed.

Thomas said he was disappointed about the "state of the company overall."

"It was a great company," he said. "Even with the economic downturn, WorldCom was one of the better companies out there.

"Then came the accounting scandal and that's pretty much out of my control," he said. "Now we're paying for that."

The best advice Chuck Roe, Manager of Cambridge Careers Inc., Cedar Rapids, could offer laid-off WorldCom employees was to begin searching for a new job immediately.

Roe advised workers to have resumes prepared professionally, seek outplacement counseling, and get prepared to "speak positively about themselves."

"They've got to learn to sell their sizzle," he said.

All local content copyright © 2002 by The Gazette Company, Cedar Rapids, Iowa
youngmoore

join:2001-03-16
Marietta, GA
Reviews:
·Verizon Broadban..

Re: WorldCom layoffs 150+ in Iowa

I'm, glad the state has stepped up to help out. However being a former Nortel guy we lost 50,000 people, no sav package, and no hope for any type of job in the near future. I didn't see any state step up for us when we got cut and we are more than double WCOM's. This only makes finding a job even harder since the market will be flooded to higher levels. And as far as unemployment goes its a joke 169.00 a week, please who can live on that when you have a house 2 kids and cars. I hope and pray for those honest WCOM employess that they find jobs soon. Oh and one more note, don't bother going to your local Walmart,Target,MC'dess, or any other "busywork" since they are flooded with mexican's that will work for minum wage or less if the company can getaway with it. Its not a crack on mexican's but the truth.

Good luck
ym

KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
Reviews:
·AT&T DSL Service

Look at these morons

"Ok, I admit it. A bunch of us went out and celebrated [Tuesday night]," an executive at AT&T told Dotcom Scoop.

An executive at Sprint seemed even happier, and for good reason; the two companies almost merged a few years back.

"Back when the merger was announced I thought WorldCom was just a bunch of bumbling guys from Mississippi. Now I have my evidence."

-----

Ok, whoop it up now. But let's see your cries of woe when the axe falls on YOU. If I was an Employee of AT&T or Sprint I wouldn't exactly be laughing! AT&T has been going down the tubes as well, and Sprint, well, the death of Worldcom may be the death of Sprint, too. Sprint started that "Billing fee" crap and I said "Kiss my ***" and left.

So, I don't think they should be gloating... Eat, Drink, be Merry, eh? well remember the second part... for tomorrow, you die....

HAHAnot

@bellsouth.net

It could be worse ... really!

Being in the Southeastern part of the US one dominent telco is BellSouth. Their ISP, BellSouth Internet Services, uses UUNET for their backhaul. Many other large ISPs also use UUNET for their backhaul, too. The consequential effects in a loss of UUNET service could easily compromise a significant number broadband end users, including all +700K ADSL customers riding Bellsouth infrastructure.

Be afraid, very, very, afraid.

And in other less amusing news, what I had targeted as a replacement provider to be Adelphia ... well, they screwed the pooch, too. So, who will be there to actually turn that dark fiber into working fiber Adelphia just ran down my street? Probably no one and especially not Bellsouth as they already have fiber running down my street!

RR Conductor
Happy 40th Amtrak
Premium
join:2002-04-02
Redwood Valley, CA
kudos:1

Re: It could be worse ... really!

Why is something as important to our nation as the Internet backbone in private hands, let alone the hands of crooks like these? I can see it now "Mr.President, we can't get a hold of Mr.Putin, what?!! says the President, uhh, sir, the Internet is bankrupt"
--
"Help, Help, I'm being repressed!" Dennis the Peasant. And by the way, join the LA/OC forum!!

KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK
Reviews:
·AT&T DSL Service

Re: It could be worse ... really!

Most of the Internet is in private hands. Most of the servers, the backbone, the fiber, the ISP's, you name it, are all private property (or public company property) I really don't think the Government has much of a hand in the Internet anymore.


banditws6
Shrinking Time and Distance
Premium
join:2001-08-18
Frisco, TX
Reviews:
·RoadRunner Cable
I hear what you're saying on UUNet. They provide not only the frame relay to my company's local office in Florida, but also the backbone connection to our web farm in Georgia. Our business is Internet-driven and our clients need access to those websites. I don't think UUNet pipes will simply be shut off, but it's creepy to think of the far-reaching impact should that happen.
--
"I'll follow the law until it's just stupid." -Ted Nugent

spamd
Premium
join:2001-04-22
Cherry Valley, IL
Hey not bad for covering up 3 billion dollars!!
The Sullivan Mansion in Boca Raton, FL.
»www.thewpbfchannel.com/wpb/news/···625.html
--
»www.arts.arizona.edu/v2/

Klendathu

join:2002-02-24
Studio City, CA

Is this WCOM exec stupid or what?

A smart white collar criminal would have at least built his mansion overseas.
--
The only good bug is a dead bug

bistro777
Donuts-Is There Anything They Can't Do?
Premium
join:2002-02-07
Englewood, CO

Re: Is this WCOM exec stupid or what?

Yeah, but at least he built on the water - - - probably has a speedboat idling at the boathouse for an indictment-beating run to a non-extradition country...

Everywhere is walking distance if you have the time.

BellBoy
Steven Paul Jobs 1955-2011
Premium
join:2001-02-20
Los Angeles, CA

I couldn't sleep there...

If I was Sullivan, I wouldn't be sleeping well in that monstrosity...

I like to thank God that I'm not Sullivan--and not for the reasons you might not think of...I'm very happy to have a strong sense of what's right and a conscience. I don't understand how people can be so bloody devious.

Mr. Sullivan: here's to hoping your new home will be an 8 x 10 foot cell. You might want to start practicing your wet soap holding techniques...you wouldn't want to drop it where you will hopefully be going.
--
I'm not an ASI tech, but I play one on TV...
GRR

join:2001-08-19
Schenectady, NY
Reviews:
·Verizon Online DSL

The thieves that come in the night...

Osama could not have asked for better partners for his war on America than these corporate execs at Enron, Worldcom, Arthur Anderson, etc. Osama destroyed families through murder and terror- these thieves have destroyed peoples lives by taking away their livelihood, retirements, life earnings. While Osama gloated about his mass murder and planned future attacks- the thieves conspired about the lies they needed to perpetrate to further enrich themselves.

Just in case you feel somewhat removed from their thievery because you don't work at, or invest directly in these companies, let me assure you in some form YOU will pay the price for their greed. If any of these jackals gets any prison time, they will walk out of jail still clutching their stolen money- while the people that worked lifetimes to earn it are impoverished and await their Social Security to go food shopping..
laptev2

join:2000-08-10
Rensselaer, NY

Re: The thieves that come in the night...

Great point. Osama doesn't have a think on the personal victimization dished out by the thieving upper class!

I must say I do get a kick out of the anti-government rants many of those in the computer industry have presented to me over the years. But now that both the so called Democrats and Republicans (Democants?) have given away the store in the name of efficient big business; we will all get to suffer through an inevitable shrinking middle class.

NOVA_Guy
ObamaCare Kills Americans
Premium
join:2002-03-05

From the inside...

I have two friends that work (still do...) at WorldCom; one of them is a manager. He was given a list of his employees and told that he needed to eliminate 20 of them; he said it was the worst experience of his life.

Needless to say, he's now got his resume out on the market, no trusting his "luck" with the next round of layoffs to hit the company...
--
"Objects in the rear view mirror may appear closer than they are." - Meat Loaf, Bat out of Hell II

KrK
Heavy Artillery For The Little Guy
Premium
join:2000-01-17
Tulsa, OK

Re: From the inside...

Sounds like a smart manager, I'd like a Manager who cares and can see the writing on the wall.

xwcomxrhy

@telocity.com
Lets see, that must have happened in all 31 markets where WCOM offers DSL (704 COs acquired from Rhythms) Having transferred the remaining Legacy Rhythms field techs to local managers suddenly only 14 days before WCOMS local managers since they did not know us, laid ALL of us off. And know, getting back to DSL, there is no one in the field who knows anything about hands on support of the equipment your DSL end point talks through to the Internet. Hope nothing breaks down in your central office. This will also effect Speakeasy, Bitnet, and some DirectTV users.
viafax999

join:2000-06-03
Westford, MA

Re: From the inside...

I am an ex Rhythms customer in one of the wcom co's, never even got re-connected!! Was meant to reconnect yesterday with DSLi using wcom as carrier, received notification yesterday morning that " service won't be available at this time due to facilities restriction until 9/30".
Luckily if it all collapses I am already well experienced in the use of 56k again!!

Taoron
I Fly the Flag
Premium
join:2000-10-22
Phoenix, AZ

The impact..

I have a server in a datacenter that uses Mae-East (Owned by the Worldcom MAE Service.. which is a Peering network..) and MFS. (Level Three.)

Here is the global UUnet map.




As you can see, this backbone is massive. It has multiple (dozens probably) of hub cities. Many OC192s, OC48s, OC12s, T3s and T1s.. this is not "no big deal." If the fall of a major backbone happens, what will you do? The traffic that normally goes over UUnet will most likely bottleneck other backbones.

If this goes.. you don't want to see it go. And Worldcom saying they were going to use their UUnet division to secure a loan is stupid, btw. (I read this on CNN's money section.)

--D
[text was edited by author 2002-07-01 16:40:00]

RiceSan

join:2002-01-15
111

This soon will pass

This problem will be solved either by wcom selling off their backbone or helping it secure its future. I really hope its the first of the two. Why? Because players like wcom really don`t belong in this market after the problems they caused the markets. Lies! Lies! Lies!

Hooba

@lib.co.us

Interesting

Lol@Braindamage. You used all caps in the word "you" on your previous post. Then I say you like to call people idiots and two posts later you call me a moron. Then you say I don't own my own business yet I'm registered as a business in the state I live in. You threaten to "fire" me yet we have never worked together and never will because I would never hire you.

People should read your comments about Rhythms before they failed to get a idea of how smart you are officer Braindamage. The same Rhythms and WCOM managers that called people idiots are now facing criminal charges. You say Rhythms had a "few" lawsuits yet I lost count at 14 personal civil lawsuits. I now know Disgusted is waiting to file criminal charges against certain people at Rhythms. Seems it was a good idea for him to wait as a lot of the corporate scum have been exposed. People loved to call Disgusted a idiot too. You just can't handle that the honest people that left Rhythms have plenty of work to do and are in high demand. Have a nice day officer loser.

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