http://www.washingtonpost.com/wp-dyn...2002Jun26.htmlNEW YORK –– The chairman of the Securities and Exchange Commission announced Wednesday that his agency has filed fraud charges against WorldCom Inc., a day after the company disclosed it had grossly overstated its profits in one of the largest accounting scandals ever.
I also heard that Adelphia is filing for bankruptcy.
Is all this stuff going to affect consumers
or slow down technological progress?
Anybody here lose money in the stock market?