Towards the Precipice
Robert Brenner: The Continuing Collapse of the US Economy, 6 February 2003
“... he would justify the company’s treatment of expense to the SEC, the WorldCom company controller, David Myers, acknowledged that he ‘had hoped it would not have to be explained’. On the other hand, he countered, if WorldCom’s reported costs weren’t somehow reduced and its profits enhanced, ‘the company might as well shut its doors.’ Crucial to ... ”