Worldcom

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Pre-written Papers:

Title: Worldcom

Essay Details:

Subject: Business

Author: Ana C

Date: March 15, 2015

Level: University

Grade: B

Length: 24 / 6909

Essay text:

For 15 years it grew quickly through acquisitions and mergers. Bernard Ebbers was named CEO in 1985 and the company went public in Aug. 1989. Ebbers was in full hold of all the trades of WorldCom, despite of the fact that he didn’t have such business and technical expertise in the field of telecom. Ebbers, in his carrier, had been milkman, bartender, bar bouncer, car sales man, truck driver, garment factory foreman, hotelier and high school basketball coach. Finally executed his idea sketched on napkin and took less than a year to make the company, which started with $650,000 in capital. Its $40 billion merger with MCI in 1998 was the largest in history at the time...

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