Thursday, July 4, 2002
I know how hard it is for people to see me as a victim, but in this case it's pretty close to the truth. It was the goal of these people to eliminate me. They wanted to kill Michael Ovitz. If they could have taken my wife and kids, they would have.
An internal audit showed that transfers of $3.1 billion for 2001 and nearly $797 million for the first quarter of 2002 violated generally accepted accounting principles, making cash flow and profits look better than they really were.
Outrageous! We will fully investigate and hold all people accountable for misleading not only shareholders but employees as well.
Yesterday you rightly expressed outrage and concern about past accounting irregularities at WorldCom. I want you to know that we, the current management team, are equally surprised and outraged.
A former Securities and Exchange Commission chairman appointed court monitor of WorldCom Inc. on Wednesday was previously responsible for clearing U.S. President George W. Bush of insider trading concerning his involvement in Harken Energy during the lead up to the 1991 Gulf War. Bush’s involvement in Harken Energy in 1990 during the presidency of his father resulted just a wrist slapping for George Junior. George Bush had failed to file share sales declarations to the SEC for eight months during a period when his shares tanked.
Elizabeth was blessed with ideal circumstances: careful, loving parents, a strong family, an obedient and modest character, a locked home, a “safe” supportive neighborhood and a witness to the crime. If Elizabeth could be taken, it could happen to any one of our children. Over and over again, volunteers have simply explained, “I have a child too.” Elizabeth has become everyone’s child and neighbor. Like September 11th, it has made us realize how vulnerable we are on a very personal level.
An additional reward was announced Wednesday in the Elizabeth Smart kidnapping case. Salt Lake police and the FBI are offering $25,000 for information that will lead them to the location of Elizabeth or to those responsible for her abduction. The money is separate from a previously announced $250,000 reward the family has offered for the "safe return" of Elizabeth.
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