时间:2019-01-30 作者:英语课 分类:教育与新闻


英语课

By Caty Weaver 1
IN THE NEWS -July 6, 2002: WorldCom


This is Steve Ember with the VOA Special English program IN THE NEWS.



Several major American companies have admitted recently to dishonest reporting of
their financial condition. The latest wrongdoing happened at the huge
communications company WorldCom. It has admitted to mis -representing
thousands of millions of dollars of company costs. It reported the costs as profits
instead.


WorldCom also says there may be problems with its reporting of reserve accounts.
Reserve accounts are special money supplies that companies set up so they will be able to pay future costs.
WorldCom made the statement in a new financial report to the United States Securities and Exchange
Commission. One of the duties of the S-E-C is to supervise financial reporting by companies whose shares are
traded on the stock market. The federal agency has charged WorldCom with wrongdoing.


The leader of WorldCom is Chief Executive Officer John Sidgmore. He says he is not sure if the company will
have to declare bankruptcy 2. Failing companies often declare bankruptcy to seek government protection from their
debts. WorldCom has about four-thousand-million dollars worth of debts.


Mister Sidgmore says WorldCom has two-thousand-million dollars of money right now. He says the company
also has other property of considerable financial value.


WorldCom is the world’s largest provider of Internet service. Mister Sidgmore says WorldCom operations
provide Internet service in more than one hundred countries. The company also serves several large government
agencies, including the Department of Defense 3. WorldCom’s telephone service, M-C-I, is the second biggest in
the United States. Mister Sidgmore says that the survival of his company is in the interest of national security.


Mister Sidgmore has tried to distance himself from WorldCom’s false financial reporting. He dismissed the


Chief Financial Officer, Scott Sullivan, who had listed the expenses as profits. Mister Sidgmore also has
repeatedly noted 4 that he did not become WorldCom’s leader until April. He replaced Bernard Ebbers who
resigned. The false financial reports are for Two-Thousand -One and the first three months of this year.


Officials want to learn what Mister Ebbers may have known about the actions of the Chief Financial Officer.
Reports say Mister Ebbers and Mister Sullivan worked very closely together. Mister Sullivan continues to say
that he believes the actions he took with WorldCom finances were completely legal.


President Bush has strongly criticized WorldCom. He has warned that company officials will be held responsible
for failing their companies through dishonesty and wrongdoing. WorldCom officials are to answer questions
before a Congressional committee on Monday.


This VOA Special English program In The News was written by Caty Weaver. This is Steve Ember.



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n.织布工;编织者
  • She was a fast weaver and the cloth was very good.她织布织得很快,而且布的质量很好。
  • The eager weaver did not notice my confusion.热心的纺织工人没有注意到我的狼狈相。
n.破产;无偿付能力
  • You will have to pull in if you want to escape bankruptcy.如果你想避免破产,就必须节省开支。
  • His firm is just on thin ice of bankruptcy.他的商号正面临破产的危险。
n.防御,保卫;[pl.]防务工事;辩护,答辩
  • The accused has the right to defense.被告人有权获得辩护。
  • The war has impacted the area with military and defense workers.战争使那个地区挤满了军队和防御工程人员。
adj.著名的,知名的
  • The local hotel is noted for its good table.当地的那家酒店以餐食精美而著称。
  • Jim is noted for arriving late for work.吉姆上班迟到出了名。
学英语单词
agar funnel
annual maximum relative humidity
arthronosos
autoplungers
ballspacer
barbella turgida
bird shit
catalyst pellet
cement molding
chimney cowl
chloritoid-phyllite
clean ballast tank
contemporaneous vein
continuous dislination
continuous ingot-casting machine
copoly(ester-carbonate)
corpohuminite
coscinodiscus centralis
creature features
deceleration spark advance control
decretages
demarcation of sequential file
dollar store
Dunsany, Edward John Moreton Drax Plunkett 18th Baron
eclipsing binary star
eCRM
electric hydrocel
Eleocharis dulcis Trin. ex Henschel
Envigado
extended radical mastectomy
fangingensis
financing market
five-phases
frequency generator
fresh sludge
fuel air ratio
giving us a hand
Gmelina delavayana
heat-sensitive element
hepatologic
Hinganghat
hoarded wealths
homodianthrone
hunky dory
Hyphochytriales
internal interface
labour availability
laevan
lamazest
lecture theatre
lichiangensis
linked to next and prior chain
load-carring ability
microepiphytes
microprogrammed diagnostics
minimal tillage
monphasia
musculuss
N-nitrosomorpholine
neognathism
nonbioaccumulative
oat clipper
Orlické Hory (Orlice Mts.)
ossio
paleographer
phillipses
phosphonous acid
plack
post-nuclear ring
preventing and curing disease
prodemocracy
production hoist
pseudozygadenine
radial incision
radiation protection survey
railleur
resonance energyRE
right of privacy
roko
serve notice on
simulation procedure
slents
SMSF
sociology of mental illness
stairsteps
strong program
subclavate
sulphur pearl
systemtheoretical
take on all the expenses
telescope cap
ticketlink
transistor structure
tritiomite
uncategorisable
unfinished book
unna-papenheim stain
vergine
vertical tabulation
vibrating shake-out machine
White,Stanford
wisteria floribundas