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Salomon e-mail in question
STAFF WRITER
Tuesday, Jul 09, 2002, Page 12
The House Financial Services Committee hearing on WorldCom Inc will focus on an e-mail message an associate of a Salomon Smith Barney analyst sent to WorldCom executives, the New York Times reported. An unidentified Salomon associate of telecommunications analyst Jack Grubman sent the message to WorldCom's former chief financial officer, Scott Sullivan, inquiring about a rumor of a US$3 billion charge at the company, the paper said, citing an unidentified person with the House committee. The message was sent shortly before WorldCom announced it would restate earnings because it discovered that it had been misrepresenting expenses, the paper said.
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