Financial Accounting Blog

Thursday, October 09, 2003

MCI. This article discusses how MCI, formerly WorldComm, is trying to dig out from the rubble of $41 billion in debt. MCI has hired Deloitte and Touche to research the circumstances which led to the problems and then ensure they do not happen again. Reportedly, D&T has $200 million to work with and 600 personnel involved in the project.