Comment The Washington Post calls it fraud (Score 4, Insightful) 640
http://www.washingtonpost.com/wp-dyn/articles/A613 46-2002Aug8.html
"...uncovered another $3.3 billion in bogus accounting, adding to the $3.85 billion fraud it revealed in June."
"The fraudulent accounting already revealed occurred in 2001 and the first half of 2002. The additional fraud would bring the total of phony accounting at WorldCom to some $7 billion."
"The fraud in 2000 is said to differ from the techniques used in 2001 and 2002"
Wow, what a whitewash!