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MCI Chairman Gets "Scrooge" Award |
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April 8, 2005
"The recently released (December 14, 2005) national Corporate Reputation Survey done by Harris Interactive Polling revealed that Americans still consider MCI one of the least trustworthy and most unethical corporations in America today." According to Mayer, complaints and regulatory actions against MCI have only mushroomed since MCI's perpetration of an $11 billion accounting fraud, the largest financial fraud and bankruptcy in U.S. history. "MCI is the Energizer Bunny of consumer fraud," said Mayer. "They just keep over-billing and over-billing and over-billing." Mayer noted that:
Mayer lambasted Katzenbach for boasting in a September 1, 2004 letter about "the company's absolute commitment to the highest standards of corporate governance and ethics...." "I think Katzenbach coined the phrase 'Mission Accomplished,'" said Mayer. "His words are an insult to the tens of thousands of customers this company continues to defraud." Report Your Experience
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