This Week in Business History for July 19th: Cooking the Books at WorldCom

This Week in Business History

19-07-2021 • 14 min

In this edition of This Week in Business History, Kelly Barner remembers key innovations, inventions, and firsts that took place between July 19th and the 23rd. In our main story, we indulge in a retelling of the scandalous accounting practices used by WorldCom to protect their share price after the bubble burst. Then we’ll learn about the first pedal bicycle designed in the U.S., the formation of the U.S. Veterans’ Administration, and celebrate a few business history birthdays.

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