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Date: | Tue, 10 Apr 2007 09:12:03 -0500 |
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Must be brief. One word: integrity. Companies must have it and demonstrate
it. Worldcom didn't have it and in fairness to shareholders and employees
as a whole deserved good records to know what was happening. Now some
companies must endorse their financial stmts at the risk of their execs
going to jail in a worst case possibility. This and other financial
failures put an indirect spotlight on good records as part of good ability
to demonstrate company financials.
-----Original Message-----
From: Records Management Program [mailto:[log in to unmask]] On Behalf
Of Link, Gary M.
Sent: Tuesday, April 10, 2007 7:53 AM
To: [log in to unmask]
Subject: [RM] Worldcom
Okay, I give up. I've been searching the list archives and Googling articles
and cannot find what I'm looking for. I'm preparing a presentation and I
just want to know what exactly the Worldcom bankruptcy had to do with
records management. I find countless articles with oblique references to how
the Worldcom scandal helped turn the spotlight on records management
practices, but in all those articles I do not find a mention of what exactly
was the records management mistake they made.
I'm not asking anyone to do any searching for me (Peter), partly because I
have read enough articles arleady. But if anyone happens to know off hand
the records management mistake Worldcom made, I would appreciate it.
Thanks,
Gary
Gary Link, CRM
Corporate Records Manager
Astorino
227 Fort Pitt Blvd.
Pittsburgh, PA 15222
(412) 765-1700
www.Astorino.com
List archives at http://lists.ufl.edu/archives/recmgmt-l.html
Contact [log in to unmask] for assistance
List archives at http://lists.ufl.edu/archives/recmgmt-l.html
Contact [log in to unmask] for assistance
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