Plummeting!
Plummeting!
Constantly plummeting!
Ever since the WorldCom scandal broke, this hundred-billion-dollar enterprise, which had always existed as a quintessential industry giant, had now completely hit rock bottom. Its market value was shrinking continuously, and its stock price had plummeted to penny-stock levels.
A market value of less than 500 million dollars—it was truly lamentable!
However, was this the end?
Of course not!
The New York Times published an article stating: "At 8:00 AM today, the Securities and Exchange Commission formally filed a lawsuit with the Wilson District Court in Mississippi, launching multiple charges against WorldCom regarding falsified earnings, malpractice, and commercial fraud. It is rumored that the amount involved exceeds ten billion dollars!"
Bloomberg published an article stating: "Can WorldCom hold on? The answer is—no!"
The Washington Post published an article stating: "Today, both houses of Congress launched a formal discussion on the WorldCom incident and effectively reached an agreement on accountability. It is foreseeable that WorldCom is not far from collapse!"
The Mississippi, Chicago Newspaper, Boston Evening News, West Coast Financial News...
For a time, media across the United States—whether social news, financial news, or even entertainment tabloids—were all frantically tracking and reporting on it. No matter how scandalous the content, for this group of bottom-feeding media, as long as they could get the public to pay, they would do anything!
When it came to kicking a man while he was down, no one was more skilled than them.
Well~
Zucker's Golden Dawn Entertainment Group had also been raking in plenty of dirty money lately.
WorldCom headquarters.
The current chairman, Dina Shaw Ennis, sat in his luxuriously decorated office. At this moment, his face was ashen, and he kept muttering to himself: "I am such a big fool!"
Triumphant?
High-spirited?
Everything, absolutely everything, had now vanished with the