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Trefwoorden: WorldCom schandaal fraude klokkeluider
Samenvatting & achtergrondinformatie
In May 2002, Cynthia Cooper discovered the sort of mistake that hadn't been mentioned in her accounting classes at the University of Alabama. While scrutinizing the accounts of WorldCom, this mild-mannered vice president of internal audit discovered that her bosses had cooked and recooked the books, neatly turning a $662 million one-year loss into a staggering $2.4 billion profit. Cooper's Extraordinary Circumstances describes this mega-accounting fraud and what she did after she uncovered it.
The longer WorldCom Chief Audit Executive Cynthia Cooper stares at the entries in front of her, the more sinister they seem. But the CFO is badgering her to delay her team's audit of the company's books and directing others to block Cooper's efforts. Still, something in the pit of her stomach tells her to keep digging. Cooper takes readers behind the scenes on a riveting, real-time journey as she and her team work at night and behind closed doors to expose the largest fraud in corporate history. Whom can they trust? Could she lose her job? Should she fear for her physical safety?
In Extraordinary Circumstances, she recounts for the first time her journey from her close family upbringing in a small Mississippi town, to working motherhood and corporate success, to the pressures of becoming a whistleblower, to being named one of Time's 2002 Persons of the Year. She also provides a rare insider's glimpse into the spectacular rise and fall of WorldCom, a telecom titan, the darling of Wall Street, and a Cinderella story for Mississippi.
With remarkable candor, Cooper discusses her struggle to overcome these challenges, and how she has found healing through sharing the lessons learned with the next generation. This book reminds us all that ethical decision-making is not forged at the crossroads of major events but starts in childhood, "decision by decision and brick by brick."
At a time when corporate dishonesty is dominating public attention, Extraordinary Circumstances makes it clear that the tone set at the top is critical to fostering an ethical environment in the work-place. Provocative, moving, and intensely personal, Extraordinary Circumstances is awake-up call to corporate leaders and an intimate glimpse at a scandal that shook the business world.