If the company files for bankruptcy it will be one of the biggest financial frauds in U.S. history.
As the cloud of corporate scandal looms over Wall
Street, what will be the fallout for investors? After
Enron, after WorldCom do you have confidence in
the stock market? Did you see the billion dollar
WorldCom disaster in the making?
Michael Noll, Professor at the Annenberg School of Communication, USC
Henry Hu, Professor of Law Business and Finance, University of Texas
Robert J. Barbera, Chief Economist, Hoenig & Co.;
This program aired on June 26, 2002.