© D.L. Crumbley
WorldCom Fraud Massive (contd.)
David Schneedan, CFO at a division, refused to release reserves twice.
E-mail from David Myers, WorldCom comptroller, to Schneedan:
“I guess the only way I am going to get this booked is to fly to DC and book it myself. Book it right now; I can not wait another minute.”
Buddy Gates [director of general accounting] said to an employee complaining about a large accounting discrepancy:
“Show those numbers to the damn auditors, and I’ll throw you out the f_____ window.”
Source: Rebecca Blumenstein and Susan Pullian, “WorldCom Fraud Was Widespread,” Wall Street J., June 10, 2003, p. 3.