WoldCom scandal. Discuss the following:

Why might the WorldCom fraud seem less egregious than Enron? Why, according to a telecon executive from the South, was WorldCom able to grow so quickly? What was the basic strategy of the nine investors who later became WorldCom at the beginning of their business? What was Ebbers acquisition formula? What were some of the factors that led to a decrease in WorldComs growth? What are some reasons why WorldCom might have been less able to deal with its problems than its telecom competitors, most of whom faced the same problems? What were some of the practices that WorldCom used to sustain its 42% E/R ratio? Very briefly state why the improper release of accruals was fraudulent? Briefly explain how WorldComs method of Closing the Gap worked. What is the difference between a disinterested judgment and an interested judgment? Give at least two reasons why Sullivans decision to capitalize line costs was an interested judgment. What is the difference between the burden of ownership and the way WorldComs lines were a burden to the company? How was Enrons fraud similar to that of WorldCom? How were the Dutch doctors in WWII able to resist the Nazi demands that they euthanize patients and perform other medical atrocities? How did Arthur Andersen view its relationship with WorldCom? What were some ways that Arhur Andersen made it easy for WorldCom to commit fraud? How did the WorldCom fraud come to light in the end?