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Identify the company that went insolvent in 2001 after falling share prices, and a failed share buy back scheme, it was found that the directors had used fraudulent accounting methods to push up the stock price.
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| WorldCom |
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| South Sea Company |
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| Barings Bank |
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| Bear Stearns |
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Rebranded MCI Inc, it emerged from bankruptcy in 2004 and the assets were bought by Verizon.
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The correct answer was WorldCom
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