Sunday, June 8, 2003

MCI Releases Findings from Internal Investigation

A confined group of former WorldCom executives and employees had a significant impact on the company and its fraud, according to an internal investigation led by former SEC Director of Enforcement, William McLucas. MCI's Board of Directors released key findings of the investigation and said that "history will not repeat itself." Michael Capellas, MCI's new chairman and CEO, said the "issuance of these reports is yet another important step in putting the past behind us as we remain on a fast track to emerge from Chapter 11 protection this fall."http://www.mci.com