Cynthia Cooper & WorldCom — Transcript

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1. 0:00good day hello again my name is Alexis
2. 0:03that I know I'm going to be talking to
3. 0:05you today about a a specific case this
4. 0:09is my case study evaluation number two
5. 0:11and it's regarding Cynthia Cooper and a
6. 0:15very big company known as world come it
7. 0:20is for my legal ethical and social value
8. 0:24values of business class with professor
9. 0:27here at my Florida National University
10. 0:29yeah okay so let's start so Cynthia
11. 0:34Cooper she was a former VP for American
12. 0:37multi-millionaire company world come
13. 0:39Broadcom was at one point the second
14. 0:42largest telecommunications company in
15. 0:44the world it would by out its rivals in
16. 0:49order to create a monopoly so that they
17. 0:53would be the only ones in power in the
18. 0:55telecom industry as worldly but known
19. 0:58world come why is the fraud that led
20. 1:00them to bankruptcy was even bigger so it
21. 1:08took it was a Cynthia Cooper who
22. 1:12unraveled the falsified information that
23. 1:16the fraud that was being done it she was
24. 1:19the one that revealed all this
25. 1:21information the company was basically in
26. 1:26their balance sheet they were making
27. 1:29themselves look more profitable than
28. 1:32what they actually were so in reality
29. 1:37they were not as profitable as they
30. 1:39seemed
31. 1:40and this profitability allowed them
32. 1:44certain easiness certain benefits that
33. 1:48other companies that are not as
34. 1:50profitable have so they were getting
35. 1:53away with a lot of stuff also there was
36. 1:56a four hundred million dollar check that
37. 2:01went out to one of the employers
38. 2:05and this was a check that was meant for
39. 2:07reserves so if anything went wrong with
40. 2:10the company that was that was money that
41. 2:14was as part of the company's reserves so
42. 2:20it is my position as a business
43. 2:22administrator at world come to give my
44. 2:26thoughts my recommendations on whether
45. 2:30or not Cynthia Cooper should should
46. 2:35follow one with what she's discovered it
47. 2:41is my among my initial thoughts why as a
48. 2:46business administrator I would not be
49. 2:49aware of what is going on within my
50. 2:52workplace so that kind of I don't know
51. 2:56it's it's like in my head but kind of
52. 3:01irrelevant I'm considering myself the
53. 3:05business administrator for world comes
54. 3:07so a little relevant I realized that I'm
55. 3:12already putting myself in the in Cynthia
56. 3:14Cooper's place and thinking how could I
57. 3:17how did this continue how did it why
58. 3:21didn't they stop it but when I think
59. 3:25about me and her place like I'm kind of
60. 3:29thinking about me in her place but at my
61. 3:31workplace where there's 12 people
62. 3:33working this is a multinational
63. 3:35corporation so in order to make this
64. 3:38decision
65. 3:39miss Cooper needs to think about the
66. 3:41facts she needs to consider every
67. 3:45possibility she may be she's wrong maybe
68. 3:47maybe the numbers are right and she
69. 3:50should I don't know something but it's a
70. 3:52multi-millionaire corporation so
71. 3:55whatever she does it holds millions of
72. 3:58dollars on her decision
73. 4:03okay
74. 4:05my advice to Miss Cooper would be to
75. 4:09just really study the whole entire case
76. 4:12make sure that the information that you
77. 4:15are seeing double check it make sure
78. 4:18that everything is what you are finding
79. 4:21out dribble out possible hypotheses that
80. 4:27could be lead on to what would happen
81. 4:31next if you do whistle blow or do tell
82. 4:37others about what you've discovered even
83. 4:41consider maybe a pros and cons list to
84. 4:44make sure that the the severity of your
85. 4:46decision is in accordance with the
86. 4:52benefits of the company because the the
87. 4:58severity of the decisions holds a lot of
88. 5:01high stakes and a lot of people will be
89. 5:04affected from every angle also just a
90. 5:11little extra is I because I am
91. 5:14supposedly the business administrator to
92. 5:18world come this can my recommendation
93. 5:23can be a little bias because this can
94. 5:25affect my job directly and what I decide
95. 5:30to do with this information will also
96. 5:32affect my image it what because the
97. 5:37information has already reached my desk
98. 5:39so whatever I decide to do it with it
99. 5:43will get around so if I just keep it to
100. 5:45myself they're gonna say I'm a part of
101. 5:47it if I say go ahead and yeah do
102. 5:52something about it then something also
103. 5:56happens so whatever decision is made it
104. 5:59has to be one that is sure one that is
105. 6:02and benefit for the company directly
106. 6:09if I decide to move forward with with
107. 6:14whatever proceedings come I must be
108. 6:18aware that police police will be
109. 6:23involved that lawyers will be involved
110. 6:25and once again this will have a negative
111. 6:28image on the company as a content I
112. 6:36would agree that the actions that drove
113. 6:40miss Cynthia Cooper and her team to
114. 6:42finally blow the whistle on this whole
115. 6:44fraud what she was trying to do it was
116. 6:48it can be morally it can be considered
117. 6:52morally correct and because she was
118. 6:55looking out for the company and rather
119. 6:58than the employees and I do believe that
120. 7:00miss Cooper's responsibility was with
121. 7:03the company rather than the employee so
122. 7:06at the end she didn't blow the whistle
123. 7:10the company started going down from
124. 7:13there and it went bankrupt so although
125. 7:19it didn't have I think I think it would
126. 7:25have been a little worse if she hadn't
127. 7:28because it's just it's just a big
128. 7:32decision to make
129. 7:33um and I would just study everything
130. 7:37make sure that the information that I'm
131. 7:39that I'm seeing is the right one thank
132. 7:42you