MCI Still Hasn't Figured Out This Accounting Stuff

from the how-much-more-can-they-go? dept

You would think, after an $11 billion fraud, going through bankruptcy, seeing your former CEO found guilty of orchestrating accounting fraud, and your various investment bankers paying multi-billion dollar fines one thing that MCI would be very, very, very careful about is their current accounting practices. Ooops. It turns out that they made a mistake on their initial tax filing and admitted that the company needs "better internal controls over its tax calculations." They just discovered that now?

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