Penn State Smeal News: Media Coverage June 2003
The Clarion-Ledger
MCI Nearing Rebirth In Spite Of Protests By Competitors
By Robert Shoenberger
A year after WorldCom announced it had massively inflated its earnings, it is preparing to emerge from bankruptcy as a company with some of the lowest operating costs in the industry
Orie Barron, an accounting professor at Penn State University, said judges in SEC cases don't often ask for harsher penalties than prosecutors seek, but very little is normal about the MCI case.
"It's the sort of thing that can happen in high-profile cases, and (competitors) are probably hoping to get public opinion on their side," Barron said
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Penn State's Smeal College of Business offers highly ranked undergraduate, MBA, executive MBA, Ph.D., and executive education opportunities to more than 5,500 students at all levels. Featuring academic departments of accounting, finance, marketing, insurance and real estate, management, and supply chain and information systems, the college is also home to major research centers such as the Center for Supply Chain Research, the Institute for the Study of Business Markets, the eBusiness Research Center, the Farrell Center for Corporate Innovation and Entrepreneurship, the Center for Global Business Studies, and the Center for the Management of Technological and Organizational Change.
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