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WorldCom Too Big to Fail, Chief Says
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WorldCom Too Big to Fail, Chief Says

BY Jube Shiver

WASHINGTON -- Discounting predictions that WorldCom Inc. might file for bankruptcy protection, Chief Executive John W. Sidgmore said Tuesday that the second-biggest U.S. long-distance telephone carrier is too big to fail and that it remains a "key component of our nation's economy and communications infrastructure." Sidgmore, in his most extensive public remarks since WorldCom disclosed last week that it uncovered a major accounting fraud, pledged full cooperation with federal regulators and said the company is working with its lenders to avoid a bankruptcy filing.

07/02/2002
WorldCom Too Big to Fail, Chief Says
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WorldCom Too Big to Fail, Chief Says

BY Jube Shiver Jr.

WASHINGTON -- Discounting predictions that WorldCom Inc. might file for bankruptcy protection, Chief Executive John W. Sidgmore said Tuesday that the second-biggest U.S. long-distance telephone carrier is too big to fail and that it remains a "key component of our nation's economy and communications infrastructure." Sidgmore, in his most extensive public remarks since WorldCom disclosed last week that it uncovered a major accounting fraud, pledged full cooperation with federal regulators and said the company is working with its lenders to avoid a bankruptcy filing.

07/02/2002
Gates Scores Points for Appearance
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Gates Scores Points for Appearance

BY Jube Shiver

The decision to put brilliant but volatile Microsoft Corp. Chairman Bill Gates on the stand in the most important antitrust case since the breakup of Standard Oil Co. turned out to be not so risky after all. In the end, after three days of testifying in Microsoft's landmark antitrust trial in U.S. District Court, it mattered little whether the world's richest man presented a powerful legal argument. What mattered more, experts say, is that Gates simply showed up in court and came across as a human being.

04/25/2002
Telecom Woes Grow
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Telecom Woes Grow

BY Jube Shriver Jr.

 Making good on a promise to expand its probe of business misconduct beyond the Enron Corp. scandal, a congressional panel Tuesday asked telecommunications carrier Global Crossing Ltd. to turn over information concerning its accounting practices and executive compensation. The letter from leaders of the House Energy and Commerce Committee made 22 specific requests, including seeking the names of outside accountants and lawyers that worked for Global Crossing, which filed for bankruptcy protection in January.

03/13/2002
Focus Shifts to Global Crossing
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Focus Shifts to Global Crossing

BY JUBE SHIVER Jr. and KAREN KAPLAN

Interest is building on Capitol Hill for an investigation of the business and accounting practices that steered telecommunications pioneer Global Crossing Ltd. into Bankruptcy Court, stranding workers and investors with worthless stock while company executives reaped huge financial rewards. "It appears to be inevitable we will take a look at them," Ken Johnson, a spokesman for the chairman of the House Energy and Commerce Committee, Rep. W. J. "Billy" Tauzin (R-La.), said Wednesday.

02/14/2002
Enron Needed a Level Playing Field
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Enron Needed a Level Playing Field

BY JASON M. THOMAS

While it is no perversion of language to describe Enron's collapse as a scandal, it is difficult, if not impossible, to identify any political dimension to the scandal or any course of action elected officials can take to ameliorate the situation. With a criminal investigation and numerous class-action civil suits underway, congressional investigations will do little more than earn headlines and provide a platform for political mudslinging and irresponsible charges.

01/20/2002
Microsoft Case Holdouts Are in Cross Hairs
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Microsoft Case Holdouts Are in Cross Hairs

BY EDMUND SANDERS and JOSEPH MENN

Attorneys general in the nine states that have refused to settle the landmark Microsoft Corp. antitrust case are finding themselves in the political hot seat, caught in the middle of a lobbying battle between the software company and its opponents. In California, a Microsoft ally and key state legislator who helps oversee the state's budget wrote Atty. Gen. Bill Lockyer last week, questioning the wisdom of continuing to fund the lawsuit amid the state's budget shortfall.

11/12/2001
Your Money
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Your Money

BY Kathy M. Kristof

The big tax cut passed by Congress last month will put a few extra dollars in the pockets of most taxpayers, but it's a bust for anyone who wants to do long-term financial planning. The reason: Tax deductions and credits you count on today could be gone tomorrow. Within 10 years, so-called sunset provisions could wipe away every one of the 440 changes that the Economic Growth and Tax Relief Reconciliation Act of 2001 makes to the already voluminous tax code.

07/01/2001
Bush Expected To Name Czar For Tech Policy
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Bush Expected To Name Czar For Tech Policy

BY Jube Shiver Jr

Aides for President-elect George W. Bush are sounding out Silicon Valley executives about convening a high-tech summit next month and musing over whether to appoint a government czar for technology. Influential but little-known Silicon Valley venture capitalist Floyd Kvamme and defeated Sen. Spencer Abraham (R-Mich.) have been mentioned as possible candidates for a tech czar post. And the president-elect also wants to meet with industry leaders to get their input on technology issues as well as on key appointments in his administration.

12/25/2000

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