The case covers the accounting frauds fully commited by the leading US telecoms giant, WorldCom during the 1990s that generated its later bankruptcy. The truth provides a comprehensive description in the growth of WorldCom over the years through its insurance plan of mergers and acquisitions. The case points out the nature of the telecommunications marketplace, highlighting conditions that place immense pressure on companies to project a healthy budget at all times. The situation provides an insight into the ways with which WorldCom altered its economical statements. The case also details the events that led the corporation to file to get reorganization beneath Chapter 10 of the U. S. Individual bankruptcy Court in 2002. The role in the company's best management in the scandal is discussed. Finally, the case explores the initiatives being used by the company to change its supervision structure, increase its functionality and reestablish investor assurance. She stated she got her issues to Jeff Sullivan, WorldCom's finance primary at the time, whom told her Ebbers did not want to lower Wall Street expectations. Asked how the girl chose which will accounts to vary, Vinson testified, " I recently really drawn some out from the air. We used a few spreadsheets. ” She explained during trial that the lady hoped to stop prison period. " Ms. Vinson was among the least culpable associates of the conspiracy theory at WorldCom, " Smith said. Still, she said, " Acquired Ms. Vinson refused to accomplish what your woman was asked, it's possible this conspiracy has been nipped in the bud. " In MS. Vinson shoes and boots would retain it to myself because they will don't care how long and what you do your nonetheless going to prison.