Irish stocks fall in WorldCom fallout

Irish stocks have fallen by 3% in morning trading in the wake of revelations of massive fraud at another major US company.

Irish stocks fall in WorldCom fallout
Wed, 26 Jun, 2002 - 11:05

Irish stocks have fallen by 3% in morning trading in the wake of revelations of massive fraud at another major US company.

Telecoms giant, Worldcom, faces charges of fraud of up to €4bn. The firm may be forced to let go 17,000 workers because of the scandal.

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