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Management Essay title: Management In 1983, in a coffee shop in Hattiesburg, Mississippi, Bernie Ebbers first helped create the telecommunications business concept of WorldCom (Moberg, 2003). The company grew quickly through acquisitions and mergers. In June 1999, the company?s shares traded for $64, and Ebbers was a billionaire (Moberg, 2003). During 2002, accounting scandals were.