WorldCom's Audacious Failure and Its Toll on an Industry
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Few executives have helped create, and then watched the destruction of, as much wealth as Bernard J. Ebbers, the former chief executive of WorldCom.
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By Scott McCartney  On Christmas Eve 2004, Comair Inc.'s overtaxed crew-scheduling computer system collapsed, forcing more than 1,000 flight cancellations and leaving thousands of passengers stranded.
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Imagining hundreds of outage-related micro-dramas unfolding simultaneously.
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Why looking only at a company's earnings can lead to disaster.
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The failure of the Intelsat Americas-7 communications satellite yesterday knocked out broadband services supplied by StarBand Communications Inc.
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Intel (INTC ) and AT&amp;T (T ): The two icons of American business are both a bit down on their luck these days. In the past five years AT&amp;T has plunged from its perch as one of the world&#39;s most powerful communications
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Plus, Siebel's not worth the risk, and a worthy telecom from afar.
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A federal judge approved a $2.575 billion settlement of a class-action lawsuit by WorldCom investors who claimed they were defrauded by Citigroup, the second-largest settlement ever in a securities fraud case. When the tentative pact was announced by Citigroup in May, it was for $2.65 billion, but the agreement presented to the judge was reduced by $75 million. Investors accused Citigroup of hiding WorldCom's financial risks when it helped sell $10 billion of WorldCom debt in 2001.
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EarthLink's contract to build a municipal Wi-Fi network in San Francisco appears to be a victim of the company's financial struggle.
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In the telecom sector, no company is safe anymore.
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Robert Nardelli's plan to fix a bloated showroom network? Starve out the weaklings.
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The techno gadgetry retailer has another rough month.
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Is Charter Communications a value play, or was the ouster of its CEO just the latest trouble?
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Between Qualcomm and Broadcom, victory is in the eye of the beholder.
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By Dan Voelpel, The News Tribune, Tacoma, Wash.  Feb. 4--Imagine yourself an ÃÂÃÂ¼ber-talented minion lost in the bureaucratic sea of Large Corporate America Inc.
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Financial support for a major international fusion project is one of many casualties.
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The market punished C-COR too harshly for lagging guidance.