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25 Remote Warehouse Business- History and Biography

Disconnected: Deceit and Betrayal at Worldcom

by

Disconnected: Deceit and Betrayal at Worldcom Cover

 

Synopses & Reviews

Publisher Comments:

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 public’s memory. It will instead be WorldCom’s 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 WorldCom’s 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:

  • How CEO Bernie Ebbers parlayed ownership of a two-bit motel into stewardship of the nation’s second-largest long-distance provider–and the world’s largest Internet carrier
  • WorldCom’s failed 2000 courtship of long-distance competitor Sprint, and how the details that emerged revealed the company’s growing pains–and foreshadowed its eventual demise
  • WorldCom’s June 2002 revelation of overstated earnings, and the debacle of mistakes, missteps, and downright unethical management behavior that followed

Much more than a simple corporate biography, Disconnected is a compelling narrative on winning big–and losing everything–on the stages of American and global business. It provides fresh insights into WorldCom’s 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 Ebbers’s 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 everything–rags, 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.

Synopsis:

Praise for

Disconnected

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."

–Jim Laird

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."

–Robert Ingram

author, former Economic Development Assistant to the President, University of Southern Mississippi

"Lynne Jeter’s positive and responsible approach to journalism is refreshing. Her keen interest and research abilities make her a top-drawer professional."

–Heath Hall

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."

–Starr Smith

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

Synopsis:

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 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. She is also a regular contributing reporter for the Clarion-Ledger, Mississippi’s 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.

Prologue.

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.

Epilogue.

Afterword.

Notes and Sources.

Acknowledgments.

About the Author.

Index.

Product Details

ISBN:
9780471429975
Author:
Jeter, Lynne
Publisher:
Wiley
Author:
Jeter
Location:
New York
Subject:
General
Subject:
Business Ethics
Subject:
Telecommunications
Subject:
Telecommunication
Subject:
Corporations
Subject:
Business failures
Subject:
Industries - Media & Communications Industries
Subject:
Corporate & Business History - General
Subject:
General Business & Economics
Subject:
Business failures -- United States.
Subject:
WorldCom (Firm) - Corrupt practices
Subject:
Business-History and Biography
Subject:
Business & Management Special Topics
Copyright:
Series Volume:
03-CR9
Publication Date:
February 2003
Binding:
HARDCOVER
Grade Level:
General/trade
Language:
English
Pages:
272
Dimensions:
9.46x6.04x.94 in. 1.10 lbs.

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Related Subjects

Business » Communication
Business » General
Business » History and Biographies
Business » Writing
Reference » Writing » General

Disconnected: Deceit and Betrayal at Worldcom New Hardcover
0 stars - 0 reviews
$33.50 In Stock
Product details 272 pages John Wiley & Sons - English 9780471429975 Reviews:
"Synopsis" by , Praise for

Disconnected

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."

–Jim Laird

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."

–Robert Ingram

author, former Economic Development Assistant to the President, University of Southern Mississippi

"Lynne Jeter’s positive and responsible approach to journalism is refreshing. Her keen interest and research abilities make her a top-drawer professional."

–Heath Hall

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."

–Starr Smith

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

"Synopsis" by , 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.
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