Today the Washington Post had a live chat with WorldCom CEO John Sidgmore. Sidgmore was asked “Where were you Mr. Sidgemore when all this was happening?” His weaselly answer:
was Chief Operations Officer during 1997 and 1998. Since that time I have had decreasing involvement in the operations of the company and played primarily a strategy role in mergers and acquisitions since that time. Over the last 2 years my role has been almost exclusively speaking at Internet conferences on behalf of WorldCom.
Wow, I wish I could get a job as COO of a multi-billion-dollar publicly listed corporation so that I can spend my time going to Internet conferences! Where do I get a deal like that?
Frankly, I think the man is lying through his teeth. It is not credible that such a large-scale fraud could be perpetrated by only three employees.
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