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Disconnected: Deceit and Betrayal at Worldcomby Lynne W. Jeter
Synopses & Reviews
WorldCom was a true success story. Combining ground-floor understanding of a new technology with all-too-American brass and brashness, it grew from a tiny company in rural Mississippi into a 20-million customer global telecom juggernaut.
This explosive growth, however, is not what will be forever burned into the publics memory. It will instead be WorldComs spectacular implosion. The largest bankruptcy in U.S. history, billions of dollars in retirement savings erased, congressional and SEC investigations, corporate leaders smiling grimly as they are led away in handcuffs . . .
This is WorldComs lasting legacy.
Disconnected: Deceit and Betrayal at WorldCom provides you with a front row seat to the WorldCom disaster. Journalist Lynne Jeter uses her two decades of experience covering WorldCom, along with her inside connections as a longtime Mississippi business reporter, to examine how a company that created so much wealth was able to lose so much so quickly. Filled with fascinating financial details and entertaining anecdotes of the Runyonesque characters that created, and then all but destroyed, WorldCom, Disconnected takes you inside this telecom giant to explore:
Much more than a simple corporate biography, Disconnected is a compelling narrative on winning bigand losing everythingon the stages of American and global business. It provides fresh insights into WorldComs inner workings and corporate culture, while describing the social setting, religious influences, political gamesmanship, and cultural climate that drove the company and its leaders. Stories of Bernie Ebberss laid-back workplace attitude share space with firsthand accounts of being reassured of your position over lunch with "the boss"only to return to find your office locks changed and your possessions waiting in a cardboard box!
The WorldCom story has a little of everythingrags, riches, humility, hubris, and ultimately, tragedy. Get the real story, from the people who were there from the start, in the fast-moving, firsthand account Disconnected: Deceit and Betrayal at WorldCom.
Deceit and Betrayal at WorldCom
"Lynne Jeter tackled the daunting task of making sense of the WorldCom accounting scandal with clear thinking and crisp writing. Disconnected sets a new standard for business writing."
Editor, Mississippi Business Journal
"Disconnected is the story of the American dream at its best and worst: brilliant entrepreneurship, small-town businessmen with unrivaled vision and foresight, fortunes made, corporate vision distorted, fortunes lost, and lives shattered. Lynne Jeter paints a picture of the birth, growth, and collapse of WorldCom that puts you inside the minds of key players and leaves you wishing that this book were a work of fiction instead of stark reality."
author, former Economic Development Assistant to the President, University of Southern Mississippi
"Lynne Jeters positive and responsible approach to journalism is refreshing. Her keen interest and research abilities make her a top-drawer professional."
Publisher, Pointe Innovation
"Lynne Jeter is the premier southern business writer. She knows the territory. In this book, she writes with knowledge, understanding, clarity, and above all, with courage."
international journalist, author, and award-winning travel writer
"Disconnected is a must-read for all students majoring in business. It clearly and factually illustrates what happens when executives of an innovative, successful company lack moral and personal integrity, and accountants fail to exercise due diligence in discharging their professional responsibilities. Only the future will provide the conclusion to this story."
Thomas T. Ivy, PhD
Professor and Chair Emeritus of Marketing, University of Southern Mississippi
Lynne W. Jeter (Hattiesburg, MS) has been the primary WorldCom reporter for the only statewide business journal in Mississippi (home of WorldCom headquarters), The Mississippi Business Journal. Jeter has closely followed the company's rise and fall since its inception as LDDS in 1983. As a native Mississippian, Jeter has a solid knowledge of the unique business climate of the Deep South and access to a wealth of information and contacts that no other reporter could possess on this topic.
About the Author
LYNNE W. JETER has been the primary WorldCom reporter for the only statewide business journal in Mississippi (home of WorldCom HQ), the Mississippi Business Journal. Jeter has closely followed the companys rise and fall since its inception as LDDS in 1983. As a native Mississippian, Jeter has a solid knowledge of the unique business climate of the Deep South and access to a wealth of information and contacts that no other reporter could possess on this topic. She is also a regular contributing reporter for the Clarion-Ledger, Mississippis largest daily news-paper. Jeter was named SBA Small Business Journalist of the Year for Mississippi in 1999.
Table of Contents
Connecting the Pipes: A WorldCom Time Line.
Chapter 1. Migrating South.
Chapter 2. Information, Please.
Chapter 3. The Spending Spree.
Chapter 4. The Power Surge.
Chapter 5. The Ultimate Drug.
Chapter 6. Masterstroke.
Chapter 7. The Honeymoon Is Over.
Chapter 8. The Courting of Sprint.
Chapter 9. Hockey, Pals, and the Farm.
Chapter 10. Pink Slipped.
Chapter 11. The Worst Job in Corporate America.
Chapter 12. The Dog Don't Hunt.
Chapter 13. Hoodwinked.
Chapter 14. Infectious Greed.
Chapter 15. Disconnected.
Notes and Sources.
About the Author.
What Our Readers Are Saying
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