World Com goes timber after announcing some fraudulent reporting. Really what is $3.8 Billion of operating expenses but a drop in the bucket. How many more slim shady companies will we hear about.

"The group said late on Tuesday it would have to restate its 2001 and first quarter 2002 financial statements, after an internal audit revealed that some $3.8bn of operating expenses were improperly recorded as capital spending, boosting cash flow and margins."