Posts Tagged ‘WorldCom’

Department of Revenue workers thrilled with new home

Here’s proof that things can seem horribly bad one week and just peachy the next. On March 18, employees of the Mississippi Department of Revenue endured the ear-splitting sound of a hail onslaught banging on a tin roof and aluminum walls. Seven days later, they heard the wonderful words they’ve awaited for nearly two decades: […] [...]

Read March 29 issue of MBJ

WINNING Clinton snags Department of Revenue for old WorldCom site by Ted Carter SEMISOUTH CLOSES Starkville semiconductor company terminates operations by Wally Northway BEER After months of successful lobbying for brewing freedom, Raise Your Pints changes focus by Clay Chandler BIG GOSPEL Blackberry Records executive and entertainment lawyer talk about the past and future of gospel […] [...]

Clinton’s South Pointe wins Department of Revenue headquarters bid

Aggressive last-minute price cutting did the trick for Clinton’s South Pointe Business Park in the competition to become the new home of the Mississippi Department of Revenue, the state says. The selection came down to price, with representatives of the former WorldCom headquarters presenting a lease offer too attractive to pass up, said Kevin Upchurch, […] [...]

Clinton mayor wants competition – not politics – to decide DOR issue

Clinton Mayor Rosemary Aultman very much wants the Mississippi Department of Revenue to move its headquarters to the former WorldCom headquarters, now South Pointe Business Park. What Aultman says she doesn’t want, however, is for legislative politics to decide the outcome. If the DOR moves to Clinton’s South Pointe, she wants her town to win […] [...]

Legislature divided over Department of Revenue destination

Whiplash could be a consequence of watching recent action in the Legislature to determine the next home of the Mississippi Department of Revenue. The day before a bill to put the DOR headquarters in downtown Jackson’s Landmark Center via a purchase passed the Senate on a 48-2 vote, House Speaker Philip Gunn successfully pushed a […] [...]

Competition for DOR lease carries big build-out costs, quick prep mandate

The building owner who wins the upcoming competition to lease 175,000 square feet to the Mississippi Department of Revenue must be willing to spend tens of millions of dollars to ready the building. And the owner must also be willing to move quickly to have the building ready for the DOR to move into by […] [...]

Landmark Center, South Pointe top candidates in DOR search

A tug-of-war between two major office properties could occur in the 2013 legislative session as the Landmark Center and South Pointe vie to become the new headquarters of the Mississippi Department of Revenue. Both buildings will lose major tenants in the next few months and look to rebound by securing a long-term lease for several […] [...]

Give ADP failing marks on Clinton shutdown disclosure

T.J. McSparrin at the Clinton Chamber had a to do-list last Thursday morning that included a call to Automatic Data Processing, better known as ADP. Time to pitch the company on renewing its Chamber membership. You may want to scratch that from your list, I told her. ADP would soon be on a midnight train […] [...]

Did Sarbanes-Oxley go too far, or not far enough?

by Published: April 15,2012

Tags: Enron, Sarbanes-Oxley Act, WorldCom

At the 10th anniversary of the Sarbanes-Oxley Act (SOX) that was passed by Congress after the Enron and WorldCom accounting scandals, Congress is considering modifications to the act. Still being debated is whether the act went far enough — or too far. Some pro business organizations have said the most damaging thing about the Enron […] [...]

Willoughby: Strategic investment — Grantham has worked for greater good of community

Leading up to Super Bowl XLVI, we heard a lot about Lucas Oil Stadium in Indianapolis being the host facility. Lucas Oil, founded by Indiana native Forrest Lucas, is obviously committed to its community. The company paid $120 million for the naming rights to the stadium in 2006 for a twenty year period. As I […] [...]

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