WorldCom Officials Shifted Accounts Earlier, Documents Show
House investigators receive five boxes of WorldCom records revealing accounting practices as early as 2000. Internal auditor Cynthia Cooper warned of aggressive accounting, but CFO Scott Sullivan and comptroller David Myers reassured that everything was fine. The SEC had filed fraud charges in June, and Bernard Ebbers faced testimony and scrutiny.
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Washington
WorldCom Inc
World Com
Fug
Ebbers
WorldCom
Tauzin
ABC
Cynthia Cooper
Finance Department
Ing
Cooper
Normand
Scott Sullivan
David Myers
Justice Department
Securities and Exchange Commission
SEC
Teentinn Damas
Machines Talk Back as Voice Recognition Spreads
In Mountain View AP reports that voice recognition tech is used by AT&T and E Trade for directory assistance and stock quotes. Wells Fargo tests a speech system with a professional voice, aiming to cut teller transactions and speed calls while offering an option to reach a human. Datamonitor predicts the voice tech market will grow to nearly $3 billion by 2007 from $485 million this year.
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Mountain View
Calif
Darby Bailey
At&t
Etrade
Bailey
Dmv
Mike McCue
Tellme Networks Inc
Tom LaCentra
Wells Fargo & Co
Wells Fargo
LaCentra
Datamonitor
Tellme
Tellme Recording
AT&1
Lobbyists split as Senate corporate reform moves ahead
Washington amid a push to pass a Sarbanes style bill, business lobbyists are divided over tighter penalties and new oversight. The Business Roundtable backs the Sarbanes bill, while the U.S. Chamber of Commerce opposes core elements. The high tech lobby resists stock options accounting requirements, keeping them out of the measure.
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Washington
Senate
Capitol Hill
Defense
Congress
America
U.S. Chamber of Commerce
Voice of
WorldCom Inc
Johanna Schneider
Business Roundtable
Bush
David Phelps
D-Ill
House
Mark Isakowitz
Paul S. Sarbanes
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Iives
Billy Tauzin
R-La
House Energy and Commerce Committee
Bernard
Speech Works International Inc
Nuance
Cuyahoga County
Betsy. Smith
Volunteer Action Center
North Ridge Rd
E. Lorain
Chko
Flor
Fleval
Ato
Los Angeles Times
WIAA